Electronic Contract Manufacture (ECM) Sector Message Board

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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector

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To: jeffbas who wrote (1646)	8/2/1998 3:54:00 PM
From: Ron Kory	Read Replies (1) of 2542

I am not Paul, of course, but I have to chip in that foreign stocks sometimes carry higher p-e ratios that our domestic equivalents so it isn't necessarily a stigma. For example, compare PSFT and BAANF. Analysts have psft growing at a significantly higher rate than baanf but baanf has a p-e of over 50x versus 40x for psft. LHSG is a German based company with an astronomical p-e and certainly greater than any of its peers. At this time, however, being a Singapore based corporation probably isn't helping flexf's valuation. ron

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