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To: Scott Overholser who wrote (6464)	4/28/1999 12:55:00 AM
From: Mike Buckley	Read Replies (2) \| Respond to of 9068

<no, $1,000 is not a typo. my father uses a.g. edwards as a broker and has access to their research. Then it's gotta be a typo in A. G. Edwards's publication. What are they projecting as earnings for that year? The highest estimate for FY2000 at Zacks is $1.63. If that is Edwards's estimate, and if the earnings go up a whopping 50% from there, the $1000 stock price at two years from now would inherently reflect a trailing PE at that time of over 400. It's gotta be a typo. At a price of $100 (two zeros), the trailing PE using those assumptions would be about 40. Much more likely. --Mike Buckley