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Non-Tech : Simula (SMU)

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To: raefon who wrote (1157)6/9/1998 11:25:00 PM
From: Jaime H. Ayalde  Read Replies (1) of 1671
 
Raefon,
Interesting it was exactly 12 months ago. Today was huge as credibility and great expectations have been restored. The $5 correction from 18.5 should be reversed with a (18.5+5)=23.5 target.

Noblesse, 17times earnings is indeed very cheap as the 5year growth of SMU is 35%. 35x earnings is a conservative target for now.

Have a good celebrated evening,

The seagull flies again?
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