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Dover Downs Gaming & Entertainment Inc. Message Board

  • perdue460 perdue460 Oct 3, 2006 1:55 PM Flag

    Price of DDEfive years from today

    Alright next year DDE is supposed to earn .85 with 25% earnings growth. These are analysts predictions. This means that DDE will get $2.07 per share in 2011. If it holds its P/E ratio of 15 that gives us a stock price of 31.12. That gives me an expected 19% per year on my money. Seems to me one of the best stocks on the market. I welcome any rebuttal arguments to point out things that I or the analysts have been missing.

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1.08-0.0100(-0.92%)May 27 4:02 PMEDT