I will put
high earning in 1999 ,2000,2001
times 15
give us price target i think we will see in next 3 years
I will put lowest earning estimat for next fiscal year
between mean estimates for multex
morgan stanley
s&p
then i will multiply eps estimate times 15
and times 22.5
that's mean
there is 3 price target
1)eps of 2000(most of the stocks)*15
2)next fiscal year eps *15
3)next fiscal year eps*22.5
if the stock price at or below no 2
strong buy
if the stock price at or below no 1
strong buy/buy
if the stock price at or below no 3
buy
this my opinion and may i am wrong
usually my opinion about 2 to 3 years