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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Wally Mastroly who wrote (4076)3/24/1999 2:02:00 PM
From: Investor2  Read Replies (2) | Respond to of 15132
 
" Still, Cohen cut her 1999 profit forecast. The companies in the S&P 500 are likely to earn $49 a share from operations this year, below her previous estimate of $52.50, and $53 a share in 2000, Cohen said."

So she is basing her forecast on a P/E of 27.

Best wishes,

I2