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Non-Tech : Argosy Gaming Co. (AGY)

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To: Ram Seetharaman who wrote (146)4/26/1999 6:45:00 PM
From: ChartMan  Read Replies (1) of 259
 
The Street is estimating $0.43 for the entire year.
Based on that estimate and today's close @ 7.5,
I get a P/E of ~17.5

The Industry (Leisure & Gaming) average (P/E) is approx 20 for YE 1999

So if AGY just gets valued like the rest of the industry,
I get a stock price of 8 to 9 bux. Don't forget that this is
based on $0.43 EPS for all of '99. What premium will be given if
AGY has accelerated EPS? 1998 EPS was $0.23
1999 est EPS of $0.43 (low in my opinion) is 87% higher and the stock trades @ 17 times earnings. That's it?? tick tick tick.
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