Soldtooearly.theMAblowoutearninghaschangedthefundamental.theearninggrowthisnotonetimedeal.MAisjustabettercompany.theestimatehastoberevised.1998'scurrentestimateis4.9,justtoasimplepluswithoutconsideratethebetterforecast.4.9+(.40*4)=6.5.MAdeservea25+forwardPE.soitis6.5x25=162.5.
Ijustbuybacksome.[阅读全文]