SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CheckFree (CKFR) -- Ignore unavailable to you. Want to Upgrade?


To: Charlie Smith who wrote (835)12/2/1997 9:52:00 AM
From: Brooks Jackson  Read Replies (2) | Respond to of 8545
 
So Charlie, that would make CKFR selling now at about 50 times NEXT year's PROJECTED earnings, right?

I guess I didn't realize how bullish I am on this company.

Still, I don't see anything on the horizon to threaten your growth scenario, which sounds quite plausible to me. And IF earnings grow the way you project, and IF they keep growing briskly in 2001 and 2002 and so on, as I now expect, CKFR should grow into almost any price the market puts on it, eventually.



To: Charlie Smith who wrote (835)12/2/1997 11:26:00 AM
From: Cymeed  Respond to of 8545
 
Thanks, Charlie. Here is a "guestimate" based on your earning projection.

So in 1999, the growth will look like ($0.77/$0.45 -1) = 71%;

PE = 70 in year 1999;

Stock price in 1999 = 70 x $0.77 = $54

Does this mean we should take profit, should the stock go above $54 before 1999 ?