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  • 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.




    Feb 27 14:51 pm |Rating: 0 0 |Link to Comment
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