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Non-Tech : SWS - An undiscovered gem

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To: Joe-MA who wrote (137)4/30/1999 9:50:00 PM
From: John Chapman   of 504
 
I have every investment broker I could fit on my watch screen. SWS and NITE were the only two in the green today. That shows strength.

My target is 65 which is based on the historical high PE and forward estimate. 27 x 2.31 = 62 plus $3 just because I think the .60 estimate for next quarter is low. If it comes in at .70 like last quarter the earnings will be 2.41. 27 x 2.41 = $65
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