Question
Cliff Dennis may become a rich man. He is the creative force behind Amazing Drives, a new company. Amazing makes external drives that permit computer
Cliff Dennis may become a rich man. He is the creative force behind Amazing Drives, a new company. Amazing makes external drives that permit computer users to store large amounts of information on small floppy diskettes. Amazing has experienced tremendous growth since its inception three years ago. Investors have recognized the company's potential, and its stock is currently selling at 60 times projected earnings. More specifically, the company's 2009 earnings forecast shows estimated income to be $0.30 per share and the current market price is $18 per share ($0.30
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