Vignette Corporation (VIGN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Vignette Corporation (VIGN)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Hungry Investor who wrote (547)	1/14/2001 10:04:48 PM
From: Carl R.	Read Replies (1) of 628

As for averaging down, I haven't made any trades in this stock at all since our last conversation (though I was tempted to buy a bit more at 11). As I indicated at the time my holdings are nominal and long term. I am perfectly willing to hold for a few more years and see what happens. I think the stock will definitely be worth more in the future than it is today. As for top line growth, it is certainly isn't a new metric. PE ratio has never been the only valuation method, though it is certainly a good one. Even at this price VIGN still has a fairly high PSR however, and realistically it will need to at least double in the next year to justify the current price, but I think it can do that. Either that, or VIGN will have to start earning some pretty fat margins. LOL Seriously, VIGN is projected to earn $.11 over the next year, and that implies a forward PE ratio of about 130 at the current price. With VIGN growing at 300% that isn't unreasonable at all, and if they can manage to continue to grow at near 100% there is still some room for upside. Good luck, Carl

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next