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Deckers Outdoor Corp. Message Board

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  • indian8788 indian8788 Apr 5, 2012 9:54 PM Flag

    We could be looking at a few months stuck in the 60's

    Thanks Jauques. I remember Apple sitting on crazy low P/E's for the last few years despite its insane popualrity and ability to create cash year in and year out and increase revenues. DECK and APPLE are two peas in a pod imo. Best of breed products, both generate cash, both sitting at low p/e's. Deck is just resetting for the next round. Todays price action was fantastic. I felt we made a bottom in the last week or so, so not so surprised. Though I could see us retesting the low sixties, high fifties before heading higher. Just the way I've seen other stocks do it. Lots of dancing. But we know the value so they aren;;t faking us out.

    Z

 
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