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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Bob Rudd who wrote (6965)4/26/1999 4:40:00 PM
From: Grommit  Read Replies (4) | Respond to of 78476
 
home builders quiz

These stocks seem to have been hit by sellers worried about interest rates and the economic picture. And I have read a few demographic experts saying that household formation will ease a bit over the next 10 years. Maybe that's why all these stocks are depressed. But the prices seem to be popping back up lately.

Given that, I betcha some builders who are building in the growth areas of the country will continue to grow. Most builders are now reporting record sales and profits -- and also -- record orders and backlog.

Here is the quiz --
Read this press release and guess the stock price. Since this release does not give EPS history/projections, use this:

-- EPS 1998 was $1.50, projection for 1999 is $1.82, or 21%
-- The Q1 projection of .39 was just beat with .46 actual

read the verbage and guess the fair price:
biz.yahoo.com

Here are the big players (LEN, CROS, SPF are my picks)--
quote.yahoo.com

........

Any comments?