Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: electra who wrote (20807)	12/29/1998 9:22:00 PM
From: mike.com	Read Replies (1) of 120523

I know you didn't ask me but let me spin it this way - IFLY has a market cap about 6 times sales. If FLYR was valued at 6 times sales, its market cap would be over 900 million. 13 million shares outstanding would mean the stock would be trading around 70! Is IFLY overvalued or FLYR undervalued? My bet's on the latter.

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