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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?


To: Matt Brown who wrote (1483)6/1/1999 12:32:00 AM
From: Michael Graham  Read Replies (1) | Respond to of 5041
 
Yes, but that comparison is implying that a company that is showing a .02 loss for the quarter should be valued 12 times more than a company that had a .037 profit for their last quarter.

I think the comparison is invalid and therefore more hype than substance.

Someone looking at that would think that the stock is undervalued by 5,000% and buy in expecting it to rise to that valuation.

The stock may be undervalued, but I feel pretty safe in saying that it's not a $124 stock. Not even close.

Mike