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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Percival 917 who wrote (26191)12/20/2000 8:41:23 AM
From: BirdDog  Read Replies (1) | Respond to of 65232
 
Many of these info boards fail to list the PE excluding one time charges, and charges for acquisitions. Namely, GMST's has charges on the books now for the acquisition of TV Guide. Exclude that and you get more like 100. If you'd like to know better about this and the reasoning behind it; I'd suggest going over to the G&K board and asking Mike Buckley...he is very good at this stuff.

BirdDog



To: Percival 917 who wrote (26191)12/20/2000 9:24:16 AM
From: Cactus Jack  Respond to of 65232
 
Joel,

SI assumes .02 per share in earnings for the current fiscal year. Last year, GMST earned substantially more, and it should this year as well, though it appears the merger included substantial one-time charges.

siliconinvestor.com

It appears to me that GMST sports a fiscal year (forward-looking, estimated) 2001 PE of approximately 60, based on projected FY2001 earnings of $.64; it appears that the merger with TV Guide skewed the stat on a one-time basis.

Have a great holiday; hope all is well.

jpgill

EDIT: It appears that GMST, like everything else, sports a lower PE with each passing day. Drag.