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To: jopawa who wrote (13383)8/16/2001 4:19:11 PM
From: RobertSheldon  Read Replies (1) | Respond to of 15615
 
*what are you projecting? mgmnt can't predict since just 3 mos ago they were still touting 35% plus, according to CSFB it will be 12%, for the sake of argument let's go halfseys and say 20% for 5 years, how does that make the debt manageable?*

My prelim numbers have been hovering in the high 20s. I find it curious that the company warns in the middle of a recession (or near-recession . . . definitions are moot at this point) and all of a sudden you believe their entire future is in the balance. Do you understand that certain (maybe a slight majority) companies will return to origional growth rate estimates once the clouds pass?

On another note, why are you relying on CSFB? For a firm under multiple investigations for multiple and wide ranging misdeeds, they are hardly the bunch to say "yea, they got it together and are the horse I want to bet on".

By the way, "halfseys" is no way to gauge an investment opportunity. If CSFB would have said growth would be zero, would you say that somewhere in the teens was your number?

Take care.