Magellan Aerospace Corp (MAL) New Listing Message Board

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Gold/Mining/Energy : Magellan Aerospace Corp (MAL) New Listing

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To: Al Lewis who wrote (304)	10/16/1997 8:18:00 PM
From: Anthony Wong	Read Replies (1) of 633

Thanks, Al. Earnings per share of $0.31 for 1997, $0.47 for 1998, and $0.74 in 1999: that would be 50% growth in 1998 and 1999. Using a trailing p/e of 25 (which is conservative), my target for MAL would be $11.75 for 97 and $18.50 for 98. I would be very happy with that. My guess is that the interview was conducted before MAL got the Boeing contract, since it lists MAL's share price as $7.70. Regards. Anthony

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