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

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To: Jdaasoc who wrote (66995)5/14/2002 6:32:02 PM
From: mishedlo  Read Replies (2) of 99280
 
Expedia: positive comments from Morgan Stanley (EXPE) 76.26: Morgan Stanley believes that competition for EXPE is a manageable risk, and the firm's valuation analysis shows upside from current levels.

Geez, I was worried there for a second. I thought EXPE was overextended and a little pricy with a PE of 2542 and a market cap of over FOUR BILLION

Many thanks to Morgan Stanley for clearing that up. Good to know that there is more upside.

LOL
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