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Non-Tech : Procter & Gamble (PG) -- Ignore unavailable to you. Want to Upgrade?


To: ayn rand who wrote (132)3/12/2000 9:20:00 PM
From: Patriarch  Read Replies (1) | Respond to of 196
 
I'm looking at PG this evening. From what I read from the conference call, PG expects FY2000 earnings, ending this June, at $2.86 - creating a multiple of just below 19.

I'm wondering whether there is any downside left? The street was burned hard by this, even though they were responsible in giving PG a ridiculous multiple a few weeks ago.

Does PG break $50 this week?
Pat