Galapagos Islands 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.

Strategies & Market Trends : Galapagos Islands

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lizzie Tudor who wrote (15295)	12/4/2002 12:53:14 PM
From: MulhollandDrive	Read Replies (1) of 57110

>>I'm having a tough time with the valuation argument in general now because many of my companies are trading for cash or close to it. Sure the p/e is sky high and that is skewing the indices they trade in. Thats the real reason the valuations are high here imo... cash levels. Here we are in an easy money environment within a bear mkt - not like 32 or the 70s when companies really had no cash.<< hi lizzie... they may be trading close to cash but the real question is for how long? co's go through cash quickly if there just isn't enough top line growth. i think the hope is right now that we can muddle through long enough for the sales to pick up. or....put another way....hope the cash , layoffs, and cost cutting holds out long enough. the valuation is price to earnings for a good reason....if co's are standing still, they are losing ground.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next