To: Pirah Naman who wrote (23727 ) 4/27/2000 3:14:00 PM From: Mike Buckley Read Replies (2) | Respond to
Pirah,Again, while I dislike the use of PEGs and YPEGs, it doesn't seem consistent to criticize the YPEG because it uses a guess, and then turn around and guess both earnings some years out and a PE some years out. I also disagree with Mike about the Motley Fool's valuation guide. Its value lies in describing many of the things that people do, but that can just be confusing to the person interested in applying themselves to learning valuation. Gorilla Game very confusing. Yet I liked it because, for me, it put technology in a context that doesn't require that I understand exactly how a router works. Yes, you may be right that the Fool's stuff is confusing. I, on the other hand, can identify hoards of people who finds their stuff at that site as unconfusing as discussions of valuations can be. And maybe more important, I find the Fool's pieces to be accurate and in context to a far greater degree than the financial stuff coming from their competitors.Frankly, you don't (and they don't) need a different way of valuing every different company.
