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Валгрин Ко. Message Board

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  • whybuythisnow whybuythisnow May 20, 2005 7:40 PM Flag

    Ridiculously Overvalued!

    I've heard that the average pe is 27, and for the s&p it's 16. That's why I think Walgreens is so overvalued. Also, to justify their bloated pe they would have to grow at 50% a year and I just don't see this happening.

    A 10% pullback in share price is in order. Looks like it may have already started.

    We'll have to agree to disagree :)