SI
SI
discoversearch

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 : Lucent Technologies (LU)
LU 2.585+0.2%3:04 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Anonymous who wrote (20647)8/8/2002 10:21:24 AM
From: DiB   of 21876
 
Anon,
imho you're making a mistake by basing your arithmetic and judgements on all time highs of a particular stock. Forget about these all time highs; unless you sold then, they are irrelevant.

Let me suggest the following exercise: take the day when a company's stock reached all-time high, get the company's earnings (pro-forma or GAAP, whatever you like) for that year and couple previous years, calculate the growth rate to come up with a reasonable PE, and come up with the reasonable stock price. Then make your comparisons...

JMHO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext