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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: advinfo who wrote (2142)8/21/1998 2:15:00 AM
From: Yamakita  Read Replies (1) | Respond to of 18998
 
I think I've found one of the more grossly overvalued stocks in the solar system: URSI, United Road Services. You would think a *towing* company would trade at least somewhere near book, but URSI goes for an amazing 1920 x book!! Price to sales of 480. No Net-driven mania here; this is tow trucks folks. It's been in a tailspin the past month, and it still sports those numbers. What could possibly be going on here, and what am I missing?

As usual, Mr. Pink's Golden Weigh-In is ever appreciated.