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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: paul e thomas who wrote (12105)3/2/1998 7:23:00 PM
From: Jack Zahran  Respond to of 31646
 
Whether you agree with concept of windfall valuations or not the fact remains the current price comes closer to the valuation proposed by Red Chip

My point is that when the real analysis work starts coming through for companies in TAVA's position, that whole P/E of 1 will be thrown out the window. The analysts basically do not know because they have not given the issue the time it deserves yet. I refer you to the error briefing.com made not too long ago. A P/E of 1 is a lazy generalization in absence of good analytic work.