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Gold/Mining/Energy : Magellan Aerospace Corp (MAL) New Listing -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Lefebvre who wrote (358)3/9/1998 11:08:00 AM
From: philip trigiani  Respond to of 633
 
With this growth and net profit of 8.7%, the backlog of new orders, with the growth in the amount of new orders. This stock should be trading at a P/E of 30-40 times. Assuming a .58 earnings for 1998, this baby should be in the $17-24 range. Maybe the market will eventually wake up to this reality. IMHO, this stock is undervalued at this level.


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