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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?

To: ecommerceman who wrote (12622)3/17/2000 10:31:00 AM
From: Roger Bodine  Read Replies (1) | Respond to of 13953
 
"Our one-year target
price for E*Trade's shares is $41, approximately 63% above the
current price. The target is based on applying a multiple of 50 to
our 2003 EPS estimate of $1.45 and discounting the result back at a
rate of 20%."

So how about NOT discounting it 20% and calling it $49?
Sound better to me.


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