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Non-Tech : Rocky's Personal Iomega Thread
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To: Gary Wisdom who wrote (33)1/18/1998 3:15:00 PM
From: Les White   of 166
 
RE Rising PE's

In addition to a low trailing PE I think we're going to see a steady rise of earnings expectations for FY98 supporting a further rise in trading PE's. First call is posting .61 for 98. At a forward PE of 40 that would be a share price of $24.

I think we are far more likley to see $24 this year than $11.29

Les
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