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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Smart_Money who wrote (54524)4/13/2000 5:08:00 AM
From: Mike Petriv  Read Replies (1) of 122087
 
KREM longs sleeping comfortably tonight with a box of donuts at their side after avoiding the market carnage in the belief that their stock price must be justified. The level of their knowledge is generally low as they believe KREM has a P/E of 3.26 because YHOO says it is so. Most seem to eat their own product and confuse a good taste with a good investment. Maybe it is, but not at this price. Maybe some big news is coming that I don't know about, but I doubt it. This whole bubble has been about inflated values; KREM will succumb. Go to YHOO, click on Fundamentals for true P/E.
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