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Even mentioning the 2005 low of 'under $10/share" without noting that EPS that year were $0.57 versus excepted 2008 EPS of $1.79 says you don't have any idea of fundamental valautions.
Jul 13 08:11 am
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All Comments by Paul Price »Is the Nasdaq OMX a Good Buy? [View article]
The same multiple on today's earnings would lead to at least a low $30's share price today- well above current quotes.
Even an 18 - 20 P/E on next year's estimates makes for a $40 - $50 minimum goal by year-end 2009.