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.
Politics : Ask Michael Burke
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: accountclosed who wrote (36238)11/14/1998 6:36:00 AM
From: Greg Jung  Read Replies (1) of 132070
 
I'm not following the whole thread so excuse my intrusion with the obvious. If you're trying to make a valuation on the internets of course all you can say is, what the market says it is at a given time of day. The same can be said for underpriced stocks.

You don't have to go to steels, btw -
take for instance TMAR and HMAR in oil services. p/b < 1/3 for HMAR related to high debt load but even with that, they are shunned not for valuation but for lack of near-term prospects for inceases in valuations. There is too much stock out there for each stock to be priced near value, especially in small caps. In large cap stocks the opposite holds true, not enough P&Gs to hold all the money the market wants to put with them, and so overvalued.

In this market there is little relevance to valuation questions,
it is Casino night at the old VFD. Some of the Luddites prefer just to play bingo while others next door are shooting craps.

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News