To: Jacob Snyder who wrote (12423 ) 3/8/2001 4:34:44 PM From: Crystal ball Read Replies (1) | Respond to NTAP $25-$125 WHY: Earnings per share Growth Rate EPS 498.14%, this is a fact, even for the dismal past year, which can only improve. I was being conservative by discounting one year out of 5, since 5 years is the usual method now for calculating future values discounted to present value. (It used to be over 20 to 30 years using historical values of US Treasury Long Bonds, until Greenspan destroyed this stable measurement tool). Anyway, almost 500% EPS is your true GROWTH measurement, that means $125. You don't lose earnings, that is when they are growing, you don't start at zero dollars per share each time, its the additional amount you measure out. 52 weeks earnings were $0.23 per share, now EPS (TTM) is $0.27, i'll take it, its going to be way over your .40 or my very conservative 0.52. The thing you and I agree about is that in any case its higher, almost double than it is now. The growth shows it ought to damn near $1.00, and it may well be that if the economy recovers, and these stocks, as they have historically, recover like a ROCKET. If it truly does its EPS of 498% I'll take that over the current P/E of 112 x $1.00, or $112 price per share. Earnings increase, and the price, if it increases in parallel will increase, and still leave us with the same high P/E. Anything else is either a bargain or not from where we are now, and that means only prices fluctuate daily, hourly, minute by minute, for the frozen earnings of every P/E ratio. I do not intend to miss the blast off, especially where this stock has already done $152 within the last 6 months (OCtober 20, 2000). Chart it for the whole year and it reached these higher levels 3 times. Good enough trend to be my friend anyday. siliconinvestor.com
