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Technology Stocks : Healthcare.com Corporation (Nasdaq: HCDC)was [HDIE]

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To: ChrisJP who wrote (4807)10/16/1998 8:11:00 AM
From: Emec  Read Replies (1) of 15094
 
Ah but you cannot extrapolate next year's HDIE EPS based on this quarter's income. How about this. I believe the average company in HDIE's sector trades at 6 times sales. If HDIE does $30 million this year that would equate to a price of $7.50. What is they double sales again in 1999. If my math is correct that comes out to $15. Can HDIe support the average sales/price of 6 if they prodece that kind of growth rate? I would think so,
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