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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Joseph Beltran who wrote (47521)4/5/2002 12:12:06 PM
From: Steve Lee  Read Replies (1) of 99280
 
If it's been downgraded to junk then why is it still trading at a PE above 50. And don't tell me PEs are meaningless at the "bottom" cos I am not using "Bottom" PEs to come up with that figure. I am using 1yr+ forward BS analyst optimistic pro forma numbers.
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