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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (44511)9/17/2008 2:15:32 AM
From: Elroy  Read Replies (3) of 57684
 
Any view on WFR down here? It's trading at 6.4x forecast next 12 months earnings, with 21% of its market cap net cash. Revenues expected to grow 29% over the next year. If the forecasts are anywhere near accurate 6.4x PE seems ridiculously low. They might have some trouble in the current Q due to Hurricane Ike, but that should get resolved within a week or so.
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