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International Game Technology PLC Message Board

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  • relaxedjim relaxedjim Apr 21, 2005 2:08 PM Flag

    i will explain move

    Singapore is going to approve gambling, a baseline of $1.20 in earnings was set due to Mega Bucks, etc. So we'll have more expansion in time...and the stock...at 21 or 22 PE is near a low...and the dividend is there.

    Truthfully, when I first saw the #s I thought were were in a 22 to a 25 range...and I don't think we'll see 30...perhaps it's just the shorts getting popped.

    I think we have 6 mos. in the 25-26 range...we shall see.

 
IGT
21.11+0.12(+0.57%)Jul 26 4:02 PMEDT