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.
Microcap & Penny Stocks : RMS TITANIC INC (SOST)
SOST 0.005900.0%Sep 27 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Taki who wrote (65)7/5/1998 9:53:00 AM
From: Bill Fischofer  Read Replies (1) of 217
 
Re: PEs

While SOST may well see appreciation in the near term, it's important to realize that the market will not award SOST a very high PE for several reasons. The major one is sustainability of earnings. Clearly there has been a lot of popular interest in the Titanic due in large part to the movie, but popular fads are notoriously fickle and curiosity once satisfied is likely to dry up rather suddenly.

An earnings bulge will put cash on the balance sheet but it's what SOST's management does with that cash to ensure steady future earnings that matters when figuring out how to value the stock long term. Has management given any insight into their long term plans?

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