Re: [CANSLIM] price objective

From: Chazmoore@aol.com
Subject: Re: [CANSLIM] price objective
Date: Sat, 24 Aug 2002 22:43:04 EDT

Next Article (by Date): Re: [CANSLIM] price objective Chazmoore@aol.com
Top of Thread: Re: [CANSLIM] price objective Chazmoore@aol.com
Next in Thread: Re: [CANSLIM] price objective Chazmoore@aol.com
Articles sorted by: [Date] [Author] [Subject]

- --part1_bc.2b479ba9.2a999e38_boundary
Content-Type: text/plain; charset="US-ASCII"
Content-Transfer-Encoding: 7bit

Derek: I often take the current P/E and multiply it by the estimated future 
earnings for an estimate of the price at the end of that period of time.
For example lets us the same numbers in the paragraph you referred to.
P/E 40 x $1.45 = $58.00

Now the book says to allow for a 30% expansion of the P/E; so $58.00 x 130% = 
$75.40.

You win a cigar for catching WON in an error.

Charley

- --part1_bc.2b479ba9.2a999e38_boundary
Content-Type: text/html; charset="US-ASCII"
Content-Transfer-Encoding: 7bit

<HTML><FONT FACE=arial,helvetica><FONT  SIZE=2>Derek: I often take the current P/E and multiply it by the estimated future earnings for an estimate of the price at the end of that period of time.
<BR>For example lets us the same numbers in the paragraph you referred to.
<BR>P/E 40 x $1.45 = $58.00
<BR>
<BR>Now the book says to allow for a 30% expansion of the P/E; so $58.00 x 130% = $75.40.
<BR>
<BR>You win a cigar for catching WON in an error.
<BR>
<BR>Charley</FONT></HTML>

- --part1_bc.2b479ba9.2a999e38_boundary--

- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.