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.
Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Funda who wrote (939)3/19/1998 8:10:00 PM
From: Eric Klein  Read Replies (2) of 2506
 
>JCOR, LAMR, OSI - All seem to be overvalued.<

I think they're overvalued too,
JCOR Price / Sales = 5
LAMR P/S = 9
OSI P/S = 7.5

I can add another to your list:

CCU P/S = 12

The only thing is that I don't understand how they got so high, and I don't know what could bring them down. JCOR and CCU are primarily radio station holding companies. It is believed that when a company can control a certain percentage of the stations in an area they they will have pricing power, but with the P/S so high, I don't understand how that's going to translate into profits.

What, in your opinion, is the event or circumstance which will cause these stocks to fall?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext