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 : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: JPM who wrote (6002)10/22/1997 9:23:00 AM
From: Jeff Mills  Read Replies (2) | Respond to of 9285
 
Hi John Paul--

<<do you know of any similarly priced issues?>>

MSFT and YHOO are two stocks with huge PSRs. MSFTs is > 14 and YHOOs is even larger. ASNDs PSR used to be > 14, and I am on the record on that thread urging those folks to sell back at $55-$60 in February--citing excessive value and the high price to sales ratio. I even called for the stock to trade in the $35-$40 levels.

CTXS is taking investors for a ride. The company is worth $2,000,000,000.00 on paper, and they have yet to sell $100 MM in product. I would never ever buy CTXS at this level. I do not advise anyone to do so. Paying over $22 in stock for $1 in sales is not my style. I would rather buy WDC at 77› in stock for $1 in sales. Also, if any CTXS bad news surfaces, and/or they show no sales increase next q etc, CTXS will fall $30-$40 points from these levels. CTXS mgmnt is laughing all the way to the bank here in Florida. It is a joke if you ask me--the valuation.

Good luck!