How Are Apple and RIM Moving Up?; Sandisk's Flash of the Future [View article]
Shlomi
Nice comments, but you seem to be ignoring Valuation, is 1999 back?
Why no comments on valuation? There is a difference between a good company, a good product and a Good Stock. Remember Cisco (and many other great companies) in 1999-2000 analysts thought it would double, but instead it dropped 80% and never came back-Bubble Valuation like RIM.
RIM presently has sales of $5 bn, a Valuation of $62 bn, valued at over 12 times annual sales and p/e ratio 58.
Even if sales double (doubtful) to $10 bn and profits double the stock will still be overvalued. Sales for the next Qtr are only projected to increase $200ml, a long way from a double.
How Are Apple and RIM Moving Up?; Sandisk's Flash of the Future [View article]
Nice comments, but you seem to be ignoring Valuation, is 1999 back?
Why no comments on valuation? There is a difference between a good company, a good product and a Good Stock. Remember Cisco (and many other great companies) in 1999-2000 analysts thought it would double, but instead it dropped 80% and never came back-Bubble Valuation like RIM.
RIM presently has sales of $5 bn, a Valuation of $62 bn, valued at over 12 times annual sales and p/e ratio 58.
Even if sales double (doubtful) to $10 bn and profits double the stock will still be overvalued. Sales for the next Qtr are only projected to increase $200ml, a long way from a double.