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Based on this prospect, the stock's estimated 2003 P/E of 11 falls short of 16, the estimated multiple (excluding writeoffs) for the S&P 500.
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Opposition to having two facilities instead of just one is based on the prospect of 250 to 350 cars jamming North Avenue, not dozens.
It is based on the prospect offered by charlatans and quacks throughout the ages – that of something for nothing.
His pitch is based on the prospect of gaining new revenues for the state — and overturning the hypocrisy of the current system.
It shares added 5.7p to 135.5p, additionally helped by an upgrade from Credit Suisse, mainly based on the prospect of more cost cutting, including job losses.
Based on the prospect of such a recovery, company executives predicted full-year earnings growth in the "high single digits or low double digits".
Cauwels and Sornette then calculate a value for the company based on the prospect of each user generating $1 profit per year, the approximate average over the last five years.
He presumably had a prominent role in deciding upon an implicitly evolving reservation price during the pendency of the sales process which lasted two years and which could continue only based on the prospect of exceeding that very reservation price.
The non-profit-making Industrial & Provident society bought 75 per cent of Ebbsfleet amid a blaze of publicity, much of it based on the prospect of picking the team via web broadcasts of matches and training sessions.
Associates of Mr. Letterman emphasized that a decision to jump to ABC would not be based on the prospect of a better immediate chance to retake late-night ratings leadership from Mr. Leno.
A political party designed to meet the needs of renters might only represent a minority, but it's a growing minority in a fractured political system based on the prospect of coalition deals or vote-by-vote agreements.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com