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Gold/Mining/Energy : JDS Fitel
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To: Mitch Vine who wrote (529)1/11/1999 5:06:00 PM
From: Hank Stamper  Read Replies (1) of 815
 
Yeah, but at projected revenue growth, how many years will it take before earnings catch up? ? ? And say it takes 2 years for earnings to catch up, then the price will have to stand still to let the earnings catch up.

Unless, this stock is a "new era" stock and Mr. Market has decided that it is worthy of a p/e of 60.

Regards,
David Todtman
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