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Technology Stocks : Metro One Telecommunications--MTON
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To: Doug R who wrote (227)11/10/1997 6:31:00 PM
From: joe inti  Read Replies (1) of 608
 
Doug,

I think that after next quarter's earnings, let's say 7 to 10 cents, the previous 4 qtrs will yield over 10 cents which will cut the P/E ratio in half.

The stock is very cheap now compared to where it will be 3 months from now. The company could do well over 50 cents next year and at a P/E ratio of 50 to 100, I think we are looking at a stock price of anywhere from $25 to $50 by the end of next year.

Just my opinion.
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