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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: Roman who wrote (2570)12/13/1997 11:07:00 AM
From: Method  Read Replies (2) | Respond to of 18016
 
Its actually around 50. Usually a P/E ratio is based on the expectation of growth. A high P/E like 50 better mean high growth. If Newbridge consistently comes in with no growth you're looking at a stock that may trade at significantly lower multiples. A P/E is the stocks price divided by its earnings.