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Technology Stocks : America On-Line: will it survive ...?

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To: Steve Robinett who wrote (6068)11/21/1997 12:26:00 PM
From: jack rand  Read Replies (1) of 13594
 
Gulp!

"On a valuation basis, our intermediate price target of $100 is based
on a price earnings multiple of 65 times the EPS of fiscal 1999 of
$1.57. Our thinking is that the stock can trade at this level in six
months time"

But their 5 year projected growth rate is only 30% -- less than 1/2
of target P/E!! (see right hand side of table at top of page/frame)

everensec.com

(click 'Equity Opportuity Of The Week' under 'Research')
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