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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (10604)11/29/1997 7:15:00 PM
From: Liatris Spicata  Read Replies (1) of 94695
 
William-
Well at least I cannot call you one of those hyterical, hyping bears! In any case, WSJ reports the past four quarters for BA as follows: +38, +55, +48, -72, for a total over the last four quarters of $0.69. The closing price yesterday was $53 and some small increment, so 53/0.69 = 76.8. I think your source is wrong, but I appreciate that you posted in good faith.

Interestingly, Smart Money gives a forward P/E of 29 for BA, as opposed to the 21 I cited earlier.

Regards,

Larry

P.S. I'm not really as bullish as I may sound or even as my investments may suggest (essentially all my assets are in stocks). I'm sure there is a profound lesson to be learned in that!
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