To: sheila rothstein who wrote (43103 ) 1/12/1998 2:38:00 PM From: Tom Carroll Read Replies (2) | Respond to of 58324
RE: Fair P/E ratio for IOM in '98 Sheila, What's a fair P/E ratio for IOM in '98, you ask? Why not start with the assumption that it'll be approximately the same as it has been recently? That's what I'm doing. After all, there've been no significant changes in the fundamentals or in people's future expectations. Accordingly, the price of the stock will rise as the earnings rise. If Clik--sorry FIDO, but I won't add an exclamation mark to anything but an exclamation or a command, to avoid rendering said punctuation mark meaningless-- materializes as promised, or if we start getting a rash of OEMs announcing that they're going to follow Micron's lead and make the Zip the default a: drive and omit the floppy, then maybe we can count on a somewhat higher P/E. How much higher? Beats me. Higher is good, and earnings are rising. That's all I need to stay happy. That and a little of Linda's Caledonian elixir with my dinner now and then. <g> I too have been having trouble with SI. I got around it by switching to www3.techstocks.com for a while to read postings. Apparently the hacker hasn't screwed (and I do mean "screwed" <g>) that one up yet. After spending countless hours correcting sophomore grammar during my seventeen years as a history prof, I enjoy watching all the rest of you doing my work for a change, right down to the issue of putting punctuation inside quotation marks. Count me in the stick-in-the-mud camp that, with Strunk and White, always puts them inside. Hell, I'm enough of a stickler that I still think of "quote" as only a verb, and that the nouns people should be using when they use "quote" as a noun are "quotation" and "quotation mark." <g> Sure is nice to have another really long long on the thread with me, Sheila. Hang in there. Cheers, Tom (long IOM)