SIEB Siebert Financial Brokerage Message Board

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Technology Stocks : SIEB Siebert Financial Brokerage

SIEB 2.740

-1.8%

Nov 3 3:59 PM EST

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To: Gutterball who wrote (244)	4/15/1999 6:37:00 PM
From: Randy Elder	Read Replies (1) of 284

The other thing that is important to remember is the technical factors that Sun Tzu is talking about are relevant to short term trading, but that fundamentally, SIEB is ridiculously overpriced even for an internet stock, with a price to sales ratio of 33 and declining margins with the shift from discount brokerage to the cutthroat internet brokerage business. Of course that is completely irrelevant to the people trading more than SIEB's entire float every day, but is probably worthwhile to keep it in the back of your mind (because small floats result in volatility in both directions). Happy Trading

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