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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Herschel Rubin who wrote (76381)5/2/2001 3:47:40 PM
From: American Spirit  Read Replies (1) | Respond to of 99985
 
PE's are all out of whack now because we had such a suddenly awful quarter (or two). Look at market cap vs. revenues/cash/earnings/debt/likely future potential to determine the true value of a company. NOVL has a 156-230 PE (depending on which service you believe) but is a very cheap stock with 65% in cash/assets up 10% today. Just the example I use.