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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?


To: The ChrisMeister who wrote (2793)7/24/1998 11:18:00 AM
From: John Carragher  Read Replies (2) | Respond to of 7342
 
You guys are talking about tlabs over on csco board. <g>



To: The ChrisMeister who wrote (2793)7/25/1998 11:21:00 PM
From: Vted  Read Replies (4) | Respond to of 7342
 
ChrisMeister...thanks for the patience...to adhere to your principle of sticking to quality and avoiding junk, please understand that I am not just waiting for a lower price. I am trying to decide if projected growth is to be more than 49%. Since the current price is at a PE of 49, the $84 price is not logical.

Am I on the right track? How do I determine next year's growth rate? If next year's projected earnings are $2.29(Yahoo Finance Fundamentals), 1998's earnings are $1.80, the growth rate is only 27%. Is there a 22% surprise factor (49-27) that I am not seeing?...Vted