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Non-Tech : HOEN --- next one to catch SCH,EGRP, and SIEB? -- Ignore unavailable to you. Want to Upgrade?


To: Wolff who wrote (45)2/5/1999 3:58:00 PM
From: Bo Le  Read Replies (1) | Respond to of 118
 
Analyst's earning estimation for year 1999, 70cents, which represent 30% plus earning growth, plus very clean balance sheet, zero debt. Today trading at PE = 11 for year 1999 earning. Why should I worry? Why shouldn't I expect an PE multiple 30 matching earning growth rate? Then HOEN price should be $20 plus.

Just my two cents.
Have a nice weekend and see you next week.

BL