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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?

To: Larry Brubaker who wrote (1070)	11/30/1999 9:56:00 PM
From: P314159d	Respond to of 1438

>> a profit of all of 4 cents for 2002. I do believe that profit figure is 2001- Fiscal Year. (1999 ended last March) And WSTL has FY 2001 from April 2000 to Mar 2001. It also low balls cost redux programs which will lead to a "Qtrly" profit of >.04 in FY01, easy. I can see a FY profit way beyond Warburg in 2002 (which i don't believe they projected), hence the bet against $4.46. >>A price that gives the stock a 350 PE ratio looking forward to 2002 After seeing the DSLstocks this year, next yr. will lead to more consistent performance,IMO. And rev/profit projections aren't obvious today w/ WSTL. But by mid year, Y2K1 profit will look much headier than a mid-teens stock projects. Let's just see. Please keep the repartee. It is fun.