BGR,
Ran off to smile nod and find other smile and nod and find footnote types to bend a little drinkwise, pick out a few swordsman and woman, play the " Why, how when where and what if" game with whatever material available.
Some interesting people. Enjoyed the interchange and the games that people play. Even found a few genuine types. All and all enjoyed wife's party. Like to stir it up (pun intended) , learn something and make it a little better somehow.
Don't know the PEG's, interested in Chuzz's take on these, see my post to Chuzz prior to the post to you. Want to plug in with some of the work I am doing (using O'Neil work as base) getting ready to look for additions to "what works for me".
The comparison suggestion is based on determining, not only stock value, but the likelihood that the sector or industry will reflect that value in predicting stock appreciation.
Comparisons for purpose of determining relative value against a more specific base. Considerations like Industry placing(current) important; cant have dead stock going nowhere, regardless of perceived value. If they are not playing the stock all we have is a good company in a bad sector going nowhere. If ain't hot way bother? Not 20 looking at 20 years am 62 looking at 3 and bye bye, Pina Colada's and the good life!
Time to sleep slow
Regards,
QT
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