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Technology Stocks : Osicom(FIBR)

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To: James Strauss who wrote (4748)1/25/1998 3:06:00 PM
From: craig crawford  Read Replies (1) of 10479
 
<< FIBR has a Price/Sales ratio of .43... This suggests that FIBR is undervalued... >>

Wrong! First of all I don't think that figure is correct. Second of all, someone on this very thread made that same argument to me when FIBR had a p/s of 1. It fell much further after that argument so obviously that argument doesn't hold up.

It's funny how stocks that seem "undervalued" tend to get more undervalued, and stocks like KO and MSFT who seem "overvalued" tend to get more "overvalued".
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