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To: limtex who wrote (108271)11/7/2001 2:14:11 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 152472
 
re: 1999 was normal

If the stock hits 200 by the end of 2002:

PE using trailing 12M earnings, midpoint of guidance: 200/1.10 = 182 = absurd

PE using my expected EPS: 200/1.05 = 190

PE using the high end of what management just told us to expect: 200/1.20 = 167

Those valuations are way out there on the thin end of the bell-shaped curve.