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Sold too early. the MA blow out earning has changed the fundamental. the earning growth is not one time deal. MA is just a better company. the estimate has to be revised. 1998's current estimate is 4.9, just to a simple plus without considerate the better forecast. 4.9 + (.40*4) = 6.5. MA deserve a 25+ forward PE. so it is 6.5 x 25 = 162.5.
I just buy back some. |
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