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IDEARC INC Message Board

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  • bbkingagain bbkingagain Oct 22, 2008 3:27 PM Flag

    What in God's name

    How long would you trade .70 cents for $2.40 +/- ?
    For most. As long as you can get it.

    That's the current share price vs a guestimated 4 qtrs earnings with the upcoming at around $.50

    If the trend stays down - they should earn $1.80 - $2.00 in '09 ...... that's per share...
    would you trade $.70 for $1.80 ?

    This valuation is hard to understand.

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    • Essentially the positive generated earnings are absorbed into the $9+ billion dept and expenditures. The actual share value ranges between $-57 to $-60 a share. If you hold shares I suggest HOLD, but I would not risk heavy investment until something materially positive impacting the company is announced.

 

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