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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: vampire who wrote (6912)10/28/2000 4:23:42 PM
From: Zeev Hed  Read Replies (4) | Respond to of 30051
 
By the way, Metsin, I am conservative with my estimate of $90 fair value for SSTI in a bull market. It was based on 40 times $2.25 earnings in 2002 (sometime next year, if we have a bull, the 2002 numbers are going to dictate prices in "superbull" cases). The Chairman is on record that 2001 will bring $2.90 to the bottom line, then, if we have a bull next year (after the wrenching start and the early spring decline), you could see $120. Of course, you got to believe that bull markets have not been eradicated (VBG).

By the way, the Chairman is quite bullish and sees at least 20% QOQ gains for the next few quarters.

Zeev