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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (10598)	11/29/1997 5:33:00 PM
From: Liatris Spicata	Read Replies (1) \| Respond to of 94695

William- Where do you get a 90 PE on BA? Even to cite their current trailing PE of 77 is somewhat disingenuous. I mean there was a bit of an extraordinary writeoff last quarter. Zacks' consensus estimate of over 15 analysts for FY '98 is $2.49, yielding a P/E of about 21. Well I glad you think it may be "a great stock for 20 years from now". I recently bought BA, hoping to keep it for at least two decades. If BA wins the Joint Strike Fighter in a few years (they are competing against Lockheed-Martin), then I suspect folks will look back longingly to the period around Bloody Monday '98 when you could have bought BA in the mid 40's. If BA does not win the JSF contract, I suspect the stock will still outperform the DJA over the next few years. Larry