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.
Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Pluvia who wrote (34806)5/5/1999 12:03:00 PM
From: Wolff  Read Replies (1) of 122087
 
GS INCOME STATEMENT
All dollar amounts in millions except per share amounts.

Nov. 98 Nov. 97 Nov. 96
Revenue 22,478 20,433 17,289
SG&A Expense 5,599 4,433 3,523
Net Income 2,428 2,746 2,399
Profit Margin 10.8% 13.4% 13.9%
Snipped this.... "What most investors are going to be more concerned with is whether Goldman is worth the $18 billion to $24 billion at which the current IPO will value it, especially after what happened last summer and fall, when the firm had $663 million in trading losses and saw profits tumble 81 percent." ... from this link nymag.com

I read this article's main point that GS is correctly valued at around 50, not a 75 entry for a long.

YMMV

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