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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: Robert Douglas who wrote (10612)8/15/2002 2:04:34 PM
From: Pink Minion  Read Replies (1) | Respond to of 10921
 
Price/Book Value as a measurement of value depends on what type of return you expect on equity.

Couldn't agree more and is the ONLY reason to pay more than book value for anything, especially if you don't get paid any dividends. At 8.6 times book you have to wait a long time just to get even.