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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market

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To: Gator who wrote (2695)1/7/1999 1:40:00 PM
From: Kelly Igou  Read Replies (2) of 4767
 
Where do you get the PE of 20?

Can anyone pin down what SICs (standard industry classification) would apply to ETPI?

It appears to me that several SICs could apply, one for each of its different divisions.

Would it make sense to estimate a blended or weighted average of the PEs from the representative SICs for each division in order to estimate a PE for the company as a whole? We would probably have to factor in the anticipated growth rates of each division as well.

If this makes sense, and we can agree on the applicable SICs, we could have a more reasonable model for predicting future share pricing if net income per division could be released.

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