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I wouldn't look for further multiple expansion, but for earnings to increase.
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FIH, multiple expansion cohort trials may provide efficiencies in the drug development process, but also pose increased risks to patients, as well as challenges that must be addressed by drug developers, institutional review boards, and regulators.
The stock is getting no multiple expansion whatsoever for delivering on their numbers.
We believe the conditions are in place for such multiple expansion to happen again.
Just how big a difference did that multiple expansion make for Mr. Welch's record?
We now expect greater appreciation of the growth opportunity, ultimately driving near term earnings surprises and further multiple expansion.
"They only need a couple of blockbusters to move the needle on earnings and get some multiple expansion".
This multiple expansion process lies at the heart of the modern monetary system.
Raymond E. Neidl, an analyst at Blaylock & Partners, wrote in an investors' note yesterday that "multiple expansion is warranted" in AirTran's near future and that he expected the airline to gain market share and remain profitable at least until 2005.
We also think that growth at a reasonable price as a general theme will return in part because the multiple expansion that I was referring to earlier is likely to be temporary.
"My concern with the market at this level is that without signs eliciting some evidence the economy is actually strengthening from the pace we've had, the multiple expansion doesn't seem rational".
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