[CANSLIM] price objective

From: Roger Tawa <rogerta@ureach.com>
Subject: [CANSLIM] price objective
Date: Sat, 24 Aug 2002 21:40:23 -0400

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hi all,

on page 22 of HTMMISv3, the book explains how to use the p/e ratio to calculate 
a price objective for a stock.  in the example given, a stock with a p/e of 40 
is used, this is multiplied by 130%, and the final result is 92.

however, 40x1.30 is closer to 52 than 92.  is this a typo in the book, or is 
WON saying that we need to add the original p/e to the calculated p/e?

does anyone use this calculation as part of their sell rules?

thanks.

derek: i have not read HTMMISv2 so i can't compare it to v3, sorry.

Roger Tawa
[One thing about paradigms:  shift happens.]


Roger Tawa
[One thing about paradigms:  shift happens.]


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