PSFT - 1997 Outlook [closed thread] Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PSFT - 1997 Outlook [closed thread]

PSFT 0.0001000

0.0%

Oct 29 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Chuzzlewit who wrote (748)	1/20/1998 11:34:00 AM
From: Mr Logic	Read Replies (2) of 940

If growth averages 50% over the next 5 years, PSFT is a $6bn REVENUE company by Dec 2002 - must be twice (or more, I can't remember) what SAP is expected to do in 1997. Is Peoplesoft going to be twice as big as SAP is now? And if PSFT gets to $6bn revenue at current profitability, and stays there for ever, the p/e would be 10 which justifies a stock price of... about $35 (npv of the eps for ever). Or if profitability improves to net 25%, about $70/shr. I do find it amazing that some stocks have this kind of high pe when you work out what it means in reality. Patrick.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next