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Strategies & Market Trends : H&Q Conference, January Effect, Etc.

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To: damniseedemons who wrote (89)1/9/1997 3:29:00 AM
From: Kevin OBrien   of 246
 
We agree! I did not say overvalued but undervalued. By my calcs over 2x. Whenever I have seen this previously a stock split has taken place. My valuation formula requires a 3/2 to correct it.

The split on my techniques does affect the valuation as earnings per share are reduced.
Your posts were most interesting in concurring.
Kevin O'Brien
kob@pchelp.gen.nz
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