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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (7584)11/5/1997 7:30:00 PM
From: paul e thomas  Read Replies (2) | Respond to of 13949
 
Flaw in Discounted Cash Flow Analysis

Calculated Risk, Your analysis is seriously flawed as it ignores the issue of a terminal value and the perpituity factor from which you project the discounted terminal earnings. It is one thing for you to air your negativenism but is another to cloak your forecasts with a misplaced sense of what serious Financial Analysts actually use. Analysts currently say the 5 year earnings growth rate for Imrs is 42 % per year. Your prognistication that IMRS earnings will stop in 2000 is not supportable.



To: CalculatedRisk who wrote (7584)11/6/1997 1:32:00 AM
From: P. Ramamoorthy  Respond to of 13949
 
Bill - Do you follow PTUS? If you do, how could they justify paying about $90MM or so to buy Millenium Dynamics?

Paul Thomas - Do you follow PTUS? Ram