InvestorsHub Logo
Followers 125
Posts 20391
Boards Moderated 0
Alias Born 12/15/2000

Re: hayloft999 post# 43232

Tuesday, 01/16/2007 1:41:01 PM

Tuesday, January 16, 2007 1:41:01 PM

Post# of 82841
hayloft

My guess is that you are too optimistic about net earnings. I know that the average number of shares is lower than 700 million. My view is that close to 700 million gives the best impression of the real state of affairs. PEG can be about 1 for well-established companies at least if it is the anticipated growh rate is not only for next year but several years. In other words a company that can expect to grow earnings per share at a rate of 30 % deserves a p/e ratio of 30.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.