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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: investz who wrote (14924)8/24/1998 4:47:00 PM
From: James Strauss  Respond to of 42787
 
EMC...

Eric:

The chart for EMC looks great but the fundamentals are saying that it may be overpriced... A Price/Sales ratio over 9.00 says overvalued... A P/E over 40 right now with an expected eps growth next year of 28% says overvalued... If we use a P/E of 30 x next year's eps est of 1.83 we get about 54.00 to 55.00 a share... So, I would expect to see it top right about now, and start dipping towards the mid 50's... If it disappoints in its earnings it will be goodbye 50's hello 40's or 30's...

Jim



To: investz who wrote (14924)8/25/1998 10:23:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
watch closely right now.. we might be breaking out right now.. yes, right now.

we may not be dipping again.