No wonder INFA is getting destroyed. IBM, Microsoft and Oracle all have forward P/E's in the 12's according to Yahoo Finance. INFA has been cut down to 17, but is probably still too high.Man is it ugly in the market in anything.
none of those three, because of their size, has the percentage growth prospects of infa. not to mention any of the three, or emc/sap/hp could acquire infa at any time. it is undervalued and should rebound after earnings. great buy-in point. there have been many in the past and each time investors made great returns.
I hope you are right on this.The other companies have their numbers made for the next couple years. IBM has service contracts out for 10 years.I would like to see some acquisitions from tech companies other than Oracle. I don't know why MSFT, Sun, EMC, etc. sit on billions of dollars.