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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: TraderGreg who wrote (15271)4/27/1999 9:52:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
<Yes, their earnings are 40% lower than last year earnings...but their price is EIGHTY percent lower than last year's, so I respectfully submit that at six bucks we should be allowed to look forward.>

TG your original post pegged a PE on AMMB based on it's growth rate. My response to you was a discussion focused solely on the appropriatte PE relative to AMMB's growth rate.

I certainly agree with your conclusion that at six bucks you should be allowed to look forward to higher prices for AMMB. Just think that it will require patience.

AS