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Technology Stocks : PLASMA THERM (PTIS) -- Ignore unavailable to you. Want to Upgrade?

To: Marlin C. Harmon who wrote (314)1/15/1998 3:52:00 PM
From: Nittany Lion  Read Replies (1) | Respond to of 509
 
Marlin,

In looking toward 1998, Mr. Deferrari stated, ''Although there will be challenges in our industry, I expect PTI's revenue to
grow 15-20% with earnings experiencing a 30-35% rate of growth.''

In a good market a growth stock should sell at it's earnings growth rate, or 30-35% times earnings. We could get back to 12 (.41x30), but it's anybody's guess - unfortunately the world of investing is just as imperfect as anything else.

Gary


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