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Non-Tech : Planet Hollywood (PHL)
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To: Dominick Papas who wrote (12)2/15/1997 1:50:00 PM
From: Gary105   of 192
 
Hi Dom - I faxed my fax number to you. I've seen projections of about 50% growth for the next 2 years. I believe a valuation in the upper 20's (or about 40x proj. 97 earnings) is reasonable. The current valuation is only about 25x this years projected earnings. Compare that to Disney - a which is expected to grow at slower grower (less than 20%) yet selling at 28x proj. earnings.
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