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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: TechTrader42 who wrote (27794)1/16/2002 8:34:22 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 52237
 
The only caution I have about your prediction is Joe Osha. He was early and right about INTC. He thinks it goes to 50. COuld be BS, sure. But he's been right before. You may recall people were veru critical of him. He stuck by his guns and got it right.



To: TechTrader42 who wrote (27794)1/16/2002 8:49:46 PM
From: Berney  Read Replies (1) | Respond to of 52237
 
The problem, as with many stocks, is will the real PE stand up.

Does one use the PE on SI of 68? Or, should one use the actual eps for 2001 of $ .19, which divided into $33.71 equals 177.4. Or, should one just ignore the past and press on to the greater achievements of the future, utilizing the eps estimate for 2002 (a couple of weeks old) of $ .63, which results in a PE of 53.5. In any case, it is a bloated whale that deserves to be harpooned. But, will it?

Just a View from the Swamp

Berney