I purchased some May calls earlier in the week
thinking that PZN should go up when they pay a dividend in
March. If the dividend is $.48, does anyone think the
stock will head down? As I see see it the yield would
be over 10% considering the special year end
dividend.
ps. I should have waited and bought yesterday
morning.
Yahoo can't seem to decide what its number should
be. It's numbered #176 but when I clicked it on, it
brought it up as number #175. So I test it, pre-posting,
using #175 and it delivers what I'm seeking. So I post
it using #175 and after posting it that way, I test
it again, only to find out that it's not giving what
I want, but trying #176 now, does. Ah, technology.
.
1)Yahoo home page
2)scroll down to
Portfolios
3)insert pzn in the box
4) when data appears look to
right at small box which gives you
several
options-choose "chart"
5) when chart comes up, look down at
the second column on the
right and you will see
P/E
Incidentially, I think their P/E is way
too high, based on a price of $21 per share, this
would indicate earnings of about $1, and I think most
people are projecting a higher number than that. How do
think they came up with this P/E - by discounting the
extra dividend anticipated in FY99 ?
Following your info I did the same thing for CCA
and it turned out EPS of $.87 the same as what it
said for PZN. Since CCA was the larger entity they
must have used their EPS to calculate the P/E. They
should have at least divided it by .875.
You might want to read post #154 by Bunnyboy and post #174 by newMK. They will probably give you an answer better suited.