My back of the envelop calculation is this .....average PE is...

  1. 3,698 Posts.
    My back of the envelop calculation is this .....

    average PE is 9.7
    Huntley downgraded '07 earnings from .28 to .22 or -23%

    9.7 x .22 = $2.13

    Price is now $1.96

    8.7% capital gain
    and an .09 divi or 4%

    12% return



 
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