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Technology Stocks : Toyota (TM) -- Ignore unavailable to you. Want to Upgrade?


To: MacRules who wrote (48)10/8/2007 8:59:42 AM
From: X-Ray Man  Respond to of 53
 
With continuing weakness in the dollar, and gasoline prices steady, and US majors working to bring down prices... I would hold off on TM right now. To justify a higher price they would need to maintain a multiple to be based on growth that isn't there right now. For TM to grow, they must show they can maintain market share in North America and Europe while expanding base in China and other growth regions in Asia.