Galapagos Islands Message Board

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Strategies & Market Trends : Galapagos Islands

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To: GraceZ who wrote (16586)	12/14/2002 12:21:14 AM
From: Rainy_Day_Woman	Read Replies (1) of 57110

I don't follow this stock, I just skimmed it 6-Dec-02 Robert W. Baird downgrade: from Neutral to Underperform it's sector carries an average PE of 37.28, it's industry sector, 24.14 it has a monster beta, so safety is an issue in this market the stock is currently selling at a premium, buying now you are banking on future earnings growth to drive the stock's price higher - in this economy, I'd want in at a lower price below average safety above average upside potential if it meets earnings projections inconsistent returns I'd pass on it at this price, imo, but nice pull back today -8.2%

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