SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: bob zagorin who wrote (12774)1/7/1999 5:22:00 PM
From: Dave Wulkan  Read Replies (1) | Respond to of 14631
 
Bob,

I believe he had 50 cents as the earnings by June 99. That means a 50 cent quarter. The P/E is usually based on an annualized amount. So, if you 4 times 50 cents you get 2 dollars annualized times a common industry multiple of say 20 on the low side (For high tech). Now you get $40 a share!

Anyway, that's how I was taught in my valuation course at UCLA. Your approach is probably keeps you from over paying for a lot of companies. That might be better?

dave



To: bob zagorin who wrote (12774)1/8/1999 9:01:00 AM
From: Bruce A. Thompson  Respond to of 14631
 
Bob,

You are correct about earnings and I was wrong. I was looking at net income per share and not net earnings. Apparently, IFMX has some tax loss carry forwards.

Bruce