Seeking Alpha

.crazylegs.. » Comments » AVAV

  • Cramer's Mad Money - The Apple Barometer (10/28/08) [View article]
    "In spite of Apple’s strong fundamentals, the stock is trading at a mere 15 points from its 52-week low: impressive considering its 40-50 multiple."

    Really, Apple has a 40-50 multiple? Try 7. The PE multiple is 7 when you net out cash and that's a historical, money in the bank number. Not a multiple to 2010 estimates. I have to believe this is a typo. If not, very poor reporting SA.
    Oct 29 09:41 am |Rating: 0 0 |Link to Comment
More on AVAV by .crazylegs..
Comments by Ticker
.crazylegs..'s
Comments Stats
185 comments
Rating: -66 (48 - 114 )