Quarterdeck: Making a Striking Comeback! Message Board

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Technology Stocks : Quarterdeck: Making a Striking Comeback!

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To: Jesse Livermore who wrote (2835)	5/5/1998 8:53:00 AM
From: charles moore	of 3307

Continued: Jesse: What I like to do and it is difficult to explain here because of the Negative earnings is this: I always try to buy a minimum of 1000 shares.Now I look at the PE first and I know there is a name for it but dont care.Say the PE is 10 because the Price is 2 and the earnings are $.20. You can base this yearly but lets say .20 was the last quarter.Now I want the next quarter to grow at twice that rate or 20% so nest quarter would have to be $.24. Assuming the price doubles for whatever reason I sell 1/2 and keeping putting stop limits on the other half until the advance is finished.This is sort of simplified but you get the picture. Now lets say QDEK now has 70 million outstanding and earnings are .02 and the price is 2 for a PE of 100.Do a 5:1 reverse split and now you have 14 million shares and .10 earnings per share. If price is still at 2 you now have PE of 20 and if stock goes up 40% next quarter to .14 then you have it. Didnt Qdek have .16 with more shares? Just a scenario but as I said nothing is etched in Stone and who knows.Not me for sure. I was never good with "Tea Leaves". Charles

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