Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: IsaacF1 who wrote (280)	3/31/1998 10:57:00 AM
From: James Strauss	Read Replies (1) of 13094

FLSHF... Isaac: Thanks for the VV analysis... From a FA perspective, FLSHF is growing its revenues and turning around its profitability to the plus side... Investors are anticipating this turnaround... With an eps est of .45 for the coming year, a P/E of 20 puts the stock price at about 9.00... Since it has never been profitable before, we have no historical P/E yardstick to compare it against... For now, it appears to be fairly valued against next year's eps est... So, theoretically, the current price has already discounted the future earnings... Jim

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