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Technology Stocks : PSFT - 1997 Outlook [closed thread]
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: Satyr who wrote (718)1/14/1998 4:39:00 PM
From: Quad Sevens  Read Replies (1) of 940
 
Earning estimates are for 14 cents this quarter and 41 cents for the year 97. Estimates for all of '98 are 61 cents. That's 46% growth. Problem is, this thing is selling at 85 times 97 earnings. Doesn't that bother any of you PSFT longs?

Wade

PS: Forgive me if this has been discussed a zillion times already. Just thought I would ask. Oh, there's also this strange quote from Duffield in the next post ...
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