Re: [CANSLIM] PE measurements

From: "oaktoad" <oaktoad@mindspring.com>
Subject: Re: [CANSLIM] PE measurements
Date: Tue, 7 May 2002 20:56:09 -0700

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PE's are very useful, but I would never rely on a website to compute the
number..

Do you want trailing PE's or forward looking PE's?

As part of my DD, I look up the estimated earnings and then compute the PE
for the highest, the lowest and the average projection ..

Just one number, but wide variations make me more wary, but also something
to pay attention to as if the higher numbers come thru then the stock may
jump .. if you are trading there is no substitute for paying attention.

I am new to IBD and find it very useful, but will not give up my own DD on
each stock ..

From: webster <pwebste1@bigpond.net.au>
To: <canslim@lists.xmission.com>
Sent: Tuesday, May 07, 2002 8:32 PM
Subject: [CANSLIM] PE measurements


Hi everyone,
One thing that puzzles me is the variation in quote PE's depending on where
you get your information.
OK - I here everyone say - PE's have limitations etc which I agree with, but
within those limitations they can be a good way of assessing valuation
within those limitations.
BUT a PE is not a PE as this article by Charlie Minter of Comstock points
out--




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