Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (16108)	11/19/2001 7:26:20 PM
From: Steve Lee	Read Replies (2) of 18998

Mr. P$NK, Worthless as I am, may I be so bold as to offer up a turd for your perusal? The turd is QQQ which is no doubt well known to you. You and your minions might like to know that this turd is trading at a Dec 01 PE of 59.9. Its forward PE for Mar 03 is 46.2 based on optimistic analyst earnings. Of course this is all on pro forma BS numbers. Seeing as many of the components are likely to go out of business in the next couple of years, and most of the rest are unlikely to see anywhere near the levels of sales, let alone growth that they saw in 98/99, would His Royal Pinkness agree this one is ever so slightly gonna come down? For more information on my lowly calculations, see Subject 51697

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