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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: craig crawford who wrote (4800)1/25/1998 4:45:00 PM
From: James Strauss  Read Replies (1) | Respond to of 10479
 
FIBR... Undervalued...

>>>FIBR has a Price/Sales ratio of .43... This suggests that FIBR is undervalued...<<<

>>>Wrong! First of all I don't think that figure is correct. Second of all, someone on this very thread made that same argument to me when FIBR had a p/s of 1. It fell much further after that argument so obviously that argument doesn't hold up. It's funny how stocks that seem "undervalued" tend to get more undervalued, and stocks like KO and MSFT who seem "overvalued" tend to get more "overvalued".<<<
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Right!!

Here is the locattion for the Financial Data:

stockfever.com

As for buying undervalued stocks... A couple of unknowns like Benjamin Graham and Warren Buffet would beg to differ with you...

Jim