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Technology Stocks : Gemstar Intl (GMST) -- Ignore unavailable to you. Want to Upgrade?


To: Morris Catt who wrote (386)9/29/1999 10:53:00 AM
From: FLSTF97  Read Replies (1) | Respond to of 6516
 
In short "Yes" it is market cap, but please don't forget it is a model based on the assumptions I outlined. If I used todays PE (what is it 100x?), then of course it would be about 3x the $2.4 bil. Today's PE discounts a lot of the expected future earnings (if you believe my scenario, then it pretty much discounts them out to 2004 maybe 2005)