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Technology Stocks : TLAB info?

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To: The ChrisMeister who wrote (2793)	7/25/1998 11:21:00 PM
From: Vted	Read Replies (4) of 7342

ChrisMeister...thanks for the patience...to adhere to your principle of sticking to quality and avoiding junk, please understand that I am not just waiting for a lower price. I am trying to decide if projected growth is to be more than 49%. Since the current price is at a PE of 49, the $84 price is not logical. Am I on the right track? How do I determine next year's growth rate? If next year's projected earnings are $2.29(Yahoo Finance Fundamentals), 1998's earnings are $1.80, the growth rate is only 27%. Is there a 22% surprise factor (49-27) that I am not seeing?...Vted

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