Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (22289)	1/18/1999 5:17:00 PM
From: Michael Berkel	Read Replies (3) of 120523

Jenna..NITE.."concerned with high multiple"? High multiples do normally not stop you from buying Internet stocks with NEGATIVE earnings or no profits for the next 2 years. NITE is a stock with real earnings. The whisper number for the next earnings is somewhere between 30 and 40 cents and $2 for the year. That would give you a current PE of approx. 20. Not a bad number for a company that is rapidly growing and is benefiting of the increased interest in online trades. Enjoy the ride! Michael Berkel

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