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To: Richard Tsang who wrote (11563)	11/2/1999 11:19:00 AM
From: Dale Baker	Respond to of 118717

Do you have any good EPS estimates for MGIC?

To: Richard Tsang who wrote (11563)	11/2/1999 6:42:00 PM
From: Richard Tsang	Respond to of 118717

MGIC's leading 12 months EPS is 1.48 as estimated by VectorVest. That means a forward PE of about 20X. No official analyst covering so it is anybody's guess. In the CC last week, the CEO did not comment on the suggestion from a caller of EPS 1.35-1.40 range. A decision to split the shares may be made this year. The CEO also joked that MGIC might be one of the few companies to make $1 bil market cap without any analyst covering. However, they are currently doing roadshow this week to promote institutional ownership. MGIC is actively pursuing acquisition opportunities for growth. For transcript of CC, go to Magic home page and click on "about magic", then "financial". Highly recommended if you want to invest. magic-sw.com I now own 400 shares with average cost of 21 1/4. FWIW