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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: TWICK who wrote (34512)4/16/1999 6:41:00 PM
From: EyeDrMike  Respond to of 120523
 
CEO: "Rittereiser said he expected to have signed on 50 participants—"more than half of which will be institutions, the rest broker dealers"—by the July 1 launch. He said he expected to have more than 100 institutions participating in the system by year-end.

Rittereiser also predicted that "by year end, we'll be doing 20 million shares per day on the system." Referring to the only other system that is currently operating as a facility of an exchange, he said, "there is no doubt that we'll be bigger than Optimark."

Do the math, on that volume you're looking at revs of 6 to 7 dollars per share, and net 4 dollars in EPS. Slap a PE on that.

Message 8971483