CK

Erin Callan Out at Lehman

Thanks for wasting my time with this pointless stupidity.

Jim Rogers Wants You To Buy Dollars

"Yet, it’s quite unnerving to think that China could hold so much power, considering China’s questionable political and human rights record at this point in time."

And the United State's political and human rights record is squeaky clean??? We currently occupy a country and have killed over 100,000 Iraqis!!! Not to mention something called torture...

Buying Blue Nile on Company, Analyst Cautiousness

Nile is ridiculously overvalued even after its drop today. Using 2008 estimates ($1.25 which are definitely too high), you get a PE of 36X. That is an insane valuation given 1) the current consumer environment, 2) they've averaged 24% EPS growth over the last 3 years - that's a 1.5 PEG - this stock isn't cheap!, 3) they are expecting a FLAT year. Paying a 36 multiple for a company that may at best see 10% growth this year is crazy. I agree with LBC that this stock will test the 20s before long. This is SHORT!!!

Helen of Troy: A Stock to Launch a Thousand Buyers?

I enjoyed reading your article but your analysis falls short. Their last quarter surprised on the upside, but their earnings have been on a flat to down trend since 2005. It currently trades at 7x PE, but that isn't that cheap if you consider that they are expected to grow earnings by 8% in 07/8 and 6% in 08/09. 1xPEG seems reasonably valued especially considering how many headwinds the US consumer is facing - if oil prices can come down, this company should definitely benefit, but that's a big if.

"Valueline estimates they will have $30 a share in sales by around 2010 and $2.80 in profits." These numbers are very ambitious on the earnings line. They are expected to make $1.70 in 07/08. $2.80 in profits implies a 13% earnings growth rate if they are to hit that target by the end of 2011 and an 18% growth rate if they make it by the end of 2010. If they can grow at that rate, I'd be very very surprised.