SI
SI
discoversearch

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 : Reliability Inc (REAL)
REAL 16.46+0.7%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David Pawlak who wrote (433)2/10/1998 4:48:00 AM
From: Quad Sevens  Read Replies (1) of 542
 
Here's a little calculation. Edwards said EPS would be about .16 in the first qtr. The guy's making predictions on EPS? Larry Edwards? That's got to be conservative.

First, add in the .05 for the plant closing to get a feel for operating earnings. That's .21. Now adjust for the fewer shares, i.e., multiply by 6.2/8.5, to get .15. That's 15 cents vs 9 cents (97) for the first qtr, very conservatively, taking into account the smaller # of shares. That's 67% growth. With a ttm PE of 10 or 11, I'll take those odds.

Larry didn't say anything about Asia. I'm guessing he believes there is no real problem there--as far as he can see.

Best, Wade
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext