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Biotech / Medical : RXSD Rexall Sundown
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To: Adelantado who wrote (75)9/22/1998 12:32:00 AM
From: Bill Hyres  Read Replies (1) of 327
 
Joe,

You have a good point but sometime in the future will the market grant RXSD another PE ratio of 60? They have for the last 3 years. Meanwhile we plug along with the lowest PE averages for the last 3 years of 18 - 20 depending if you are looking at the future or current PE ratio. I am willing to say that sometime in the next 3 years we will see that higher PE ratio once again and with this years EPS projections that will surely be a nice return on my investment. We just need patience.

Bill
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