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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Mike Buckley who wrote (3969)	7/18/1999 9:34:00 AM
From: Mike Buckley	Read Replies (1) \| Respond to of 54805

I read an article this morning stating that corporate Y2K spending is a lot less than many expected. My conclusion: We're in trouble because they didn't spend enough or we're okay because it reall was no big deal. You get to pick. :) --Mike Buckley

To: Mike Buckley who wrote (3969)	7/18/1999 10:14:00 AM
From: LindyBill	Read Replies (1) \| Respond to of 54805

When I put in softy, I was being nice to the people who say we spend too much time on Q on this board. They are right in a way. But the Q board is mainly an "Info" board, IMO. What you and I want is a projection we can hang our hat on. We know that we had 41(split) last quarter. We figure we will get at least 61 this quarter. SI shows a trailing PE on Q of 138. So we know the street will support a 138 PE on Q right now. If you take the last quarter at 41, this quarter at 61, and project the next two quarters at that jump, 50% per quarter, you get 41, 61, 91.5, and 137.25, total 3.3075. Multiply 3.3075 by its present trailing PE of 138 and we should be at 456 a share a year from now. That is a 204% jump. I think we may be double that, but, that's my "spitball", Mike. It makes for fun on a weekend. I will be interested in yours. But the closer numbers will be available Monday afternoon!