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To: Starlight who wrote (11682)6/1/2000 1:33:00 PM
From: TREND1  Read Replies (3) | Respond to of 60323
 
Elizabeth
Have you looked at SI's estimated earnings growth for the next 5 years provided by Multex on SI?
Today's reading is 28%/year for the next five years,
vs last reading of 30%. Don't know when these numbers
change.
If one assumes that over the long run, "PE=annual growth rate." Then One can calculate expected 2005 stock price.
That stock price could be considered the mid point of a
normal distribution function.

So the number is 86 for year 2005

Any one want to comment ??
How about those "thread fundamentalist" who want to
take on Mer's and fund managers of the world ?

Larry Dudash