Symantec (SYMC) - What does it look like? Message Board

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Technology Stocks : Symantec (SYMC) - What does it look like?

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To: Tim Robbins who wrote (303)	11/4/1996 11:10:00 PM
From: John Allred	of 2069

Lets figure this out. If earnings are flat, then we can assume around 16 cents per quarter (assuming NO MORE CHARGES). This is .64 per year. Thus this rule-of-thumb projecte PE is 16.4 based on a price of $ 10.5. This is probably (I didn't check) the broad market average PE. BUT most S/W COs usually trade at PEs in the 20s. So I would bascially agree with you. If SYMC doesnt't get its act together they will be sub12 for a while. BUT I don't see them trading much below 9 either. No matter how I look at it... SYMC is a HOLD right now.

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