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Technology Stocks : Pixar Animation -- Ignore unavailable to you. Want to Upgrade?


To: LemonHead who wrote (2589)8/31/1999 12:55:00 PM
From: Ignatz  Read Replies (1) | Respond to of 3261
 
I think we've bottomed here. Won't see the twenties again. 40's a certainty by the end of Sept. 50's by the end of October. November/December should bring the 60's before it retreats into the 42-48 range in Spring. I think earnings will keep this stock solid. The next 4 quarters should put us near $1.00/share, possibly a little over a buck. A PE of 60 for this company with a buck of earnings is very reasonable. Somehow Jobs will expand the franchise to generate more earnings. That is why the facilities have been expanded and we'll soon (in a year or two) see 6 movies being worked on at the same time. JMHO