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Technology Stocks : PSFT - 1997 Outlook [closed thread] -- Ignore unavailable to you. Want to Upgrade?


To: Bilow who wrote (525)11/11/1997 10:29:00 AM
From: Chuzzlewit  Read Replies (1) | Respond to of 940
 
Sorry, my error in typing the earnings figure (my mind was elsewhere, apparently) . The Lehman Bros. earnings for FY 1997 are expected to be $0.83 (includes $.28E for Q4), and $1.17 for FY 1998 yielding P/E's of approximately 78x and 57x, and they estimate growth going forward at 55%. [the link to these data has expired]. I will check out the employe stock option impact.

Again, sorry for the error.

Regards,

Paul