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Non-Tech : Green Tree Financial (GNT) -- Ignore unavailable to you. Want to Upgrade?

To: gerard mangiardi who wrote (136)	3/26/1998 12:38:00 PM
From: Adam Nash	Respond to of 169

I'm here too. I've just assumed that GNT's move from 19 to the high 20s represents the fact that people are done over-reacting to all the bad news from last fall. It is pretty clear at this point that GNT will be around, etc. However, it will take time to earn confidence back. Given GNT's low P/E, I personally expect that with every earnings release, GNT should establish a higher range for prices, as both earnings increase, and their P/E increases. The great thing about this stock is that even without P/E expansion, the earnings growth alone should give a good boost to this stock. Any P/E boost is just icing on the cake.