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Technology Stocks : Omega Research (NASDAQ:OMGA)

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To: JUJU1015 who wrote (264)2/28/1999 11:19:00 PM
From: Herc  Read Replies (1) of 516
 
NOT TO BELABOR THE POINT, BUT OMGA trades at...
A price/earnings of 132, vs. industry avg. of 27
A price/sales of 9.35 vs.... of 3
A price/book of 9.66 vs ....4.97
A price/cash flow of 91 vs ...13.5

And this in a company whose revenues and earnings decreased for the year.
And this in an industry that depends on the vagaries of day traders, many of whom are supposedly losing money and might be reconsidering scaling back.
Also sales/marketing ate up 65% of revenues last year.
And omga is trading 98% above its 50 day moving avg. and close to 200% above its 200 day moving avg.
I went to one of their sales presentations once and remember lots of handsome young salesmen with slicked back black hair. These guys must be mesmerizing!
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