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Technology Stocks : Symantec (SYMC) - What does it look like? -- Ignore unavailable to you. Want to Upgrade?


To: jhg_in_kc who wrote (1814)4/26/2001 12:55:13 PM
From: Alfred W. Post  Read Replies (1) | Respond to of 2069
 
I am quite pleased with the earnings report ane even more about the very positive response at the stock market.
Earnings and sales rose about at the same speed (13-15%) but the PE measured at the reported earnings is 27 or about twice the earnings groth. And if the earnings should keep on growing at the same speed we could have ea/sh of $2.80 next year giving a PE of about 23. Ratther rich compared to the groth. Am I too demanding or are my earnings expectation too low? Fred



To: jhg_in_kc who wrote (1814)4/26/2001 3:16:56 PM
From: Elmer Flugum  Read Replies (2) | Respond to of 2069
 
Don't buy a stock 5% above it's pivot point as instructed by IBD.