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To: Edwarda who wrote (4498)5/29/2000 3:41:00 PM
From: Edwarda  Read Replies (1) | Respond to of 5232
 
O.K, I'm calling myself and this thread to order for a moment to recap estimates and valuation. Estimates: $3.80 for fiscal 2001 earnings per share and $4.75. Five-year estimated earnings growth rate: 15%.

Target price of $65 based on a P/E multiple of 15 (the earnings growth rate) on calendar 2001 earnings of $4.45 per share, backed by discounted cash flow.