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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (942)3/20/1998 10:19:00 AM
From: Eric Klein  Respond to of 2506
 
Price to Sales is the most basic valuation that you can get for a stock. I agree that some companies like MSFT have very high P/S, and I wouldn't short MSFT.

My point in the post is that CCU, LAMR, etc. look very overvalued on this basis, but I wouldn't short them until I knew of some circumstance or event that was going to cause everyone to reevaluate the stock price. Right now, I don't know of any such factor, and therefore I haven't shorted them.