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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: lostmymoney who wrote (174)	1/25/1998 8:56:00 AM
From: lostmymoney	Respond to of 29382

This was wrote by Tom Bishop of BI Research, around Nov. 97 MIND This year, Mitcham expects to add $16-$18 million of equipment to its lease pool, which stood at $21 million at last year's end. And that in turn is expected to spur growth of nearly 70% this year to $1.00 a share or more vs. $0.60 last year. Next year, the consensus [is] $1.53. . . You won't often find growth like that, at a P/E of 27 times current-year earnings (ending 1/98) and 17 times next year's earnings, in this market. . . Buy to $30. By the way, congrats to several of you who were on the top 50 list of replies. Good company to keep. Buy up to $30 dollars WOW, pretty big recommendation. Mike