Now Yahoo just needs to update ttm P/E on the main page for PCS. They have a P/E of 27 on the estimates page (which is about correct for the ttm), but still have a sky high P/E on the main page. PEG is down to .82 now as well! I think PCS will grow much faster than the 34% the analysts expect though (it's been over 100% yoy growth the last few quarters already, and L.A. is the engine that will really drive earnings in 2008 and 2009 and N.Y. after that).
[I think PCS will grow much faster than the 34% the analysts expect though...]
Well, thanx for your opinion. But what does that have to do with LEAP? PCS has suffered a serious market cap decline which will preclude, IMO (just another opinion here), any acquisition right now. In any case, is LEAP an attractive target? A company with regulatory difficulties, one facing a bunch of (non-frivolous) class action shareholder suits, and which will restate results for practically the entire century to date, certainly not to its benefit??