What I don't understand is that on October 7, they report their quarterly sales, it's up 18% to 1.4Billion, well, that is not their operating results. I guess they want to get out that they have the sales and earnings, we have to wait and see. From that date, it has rebounded from 12 or so to this 15 level, was as low as 10 1/4 intra-day. The market cap is 1.4B and quarter sales will be equal that >>> price/sales of .25.
If they can get back to a profit margin of 2%, average for so many of their quarters except last one, they earn $1.23, now the question is what should the PE be, is there growth? |
