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Author: mungofitch Big gold star, 5000 posts Top Favorite Fools Top Recommended Fools Feste Award Winner! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 252740  
Subject: FKA: Amex Date: 7/21/2008 5:08 PM
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Results out, price drop after hours.
AXP at $36.65, 44% off 52-week high, down from $42.50 earlier today. Ouch.
TTM earnings are now around $3.03 if I did the math right, meaning
TTM P/E is now 12.1. Assuming I'm reading the pretty chart at Bigcharts
correctly, that's lower than at any time since their earnings series started in 1986.

This is a company with a big moat. Their card fees have been hugely higher
than their competitors for several decades, which is a pretty good sign.

I own rather a lot of this, so I'm simply scooping up a bit more.

Jim
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Author: mungofitch Big gold star, 5000 posts Top Favorite Fools Top Recommended Fools Feste Award Winner! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 211374 of 252740
Subject: Re: FKA: Amex Date: 7/21/2008 5:09 PM
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Sorry, wrong board again. Gotta stop using different boards in different tabs!
Of course, it might be of interest anyway. FKA means "falling knife alert".

Jim

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