Like EBAY NSOL is one of the few internet
companies that shows a profit. Their price has been
unjustifiably beaten down because of fear of new compettion but
according to the following article companies like AOL are
not even ready to begin. The MM's were holding the
price down on Friday. Despite all the buying interest
they would not let it go above 81. Someone was buying
big blocks during this time. Someone knows something
and the smart money buys ahead of the crowd. Expect
some big announcements this week.
So what if Bid.Com was .54 in October. Back in
October right before EBAY came out it was around $6.00
per share and now (presplit) it is over $600 per
share. What is the idiot. You are jerk. Bid going from
.54 to $10 and then much higher is not foolish. It is
an auction company whose business plan fits where
all analysts say auctions will be greatest in the
future. Business to consumer, business to business, and
licensing. So you are the real fool here. But then again I
bet you are one of those who now that EBAY has
rocketted so high goes around telling everyone (while
beating your chest) that you bought EBAY back when it was
$6.00 per share and you knew it would be what it is
today. Get a life
you think that eBay is overvalued simply because
it's just two floors in an office building. this is
why it is so great. think about it: 15 Million bucks
per year in capex vs the billions being spent my
gaming companies in an already over-capacity
Stocks follow ROIC. you are not going to find many
companies with a better ROIC. that said, you can argue
about valuation (but please don't use the same old
bland 8000 PE argument). Maybe you argue that at this
market valuation that the market has already priced in
complete success for the next ten years, but don't tell me
that eBay is overvalued because it is worth more than
the combined value of all the gaming companies, which
have MUCH more business model.
I posted that p/e as a tidbit like i said in the
post it means nothing.And by the way i would not buy
athm due to there p/e i wouldnt buy them due to some
service problems ive heard about with them.oh and a
little advice dont short any of these nets stocks never
know when they are goging to pop.
if you can't handle more bullish EBAY
Ebay's key ratios... READ EM AND WEEP. It's all
Key Ratios for EBAY Fiscal Year Ended:
Sales/Cash: 1.54 3.61
Sales G &
A/Sales: 0.47 0.21
Quick Ratio: 4.22 2.96
Ratio: 4.42 3.13
Net Sales/Working Capital:
Net Sales/Plants & Equip: 8.81
Net Sales/Current Assets: 1.16 1.31
Sales/Total Assets: 1.02 1.21
Assets: 0.28 0.47
Total Liabilities/Invested Capital:
Total Liabilities/Common Equity: 1.57
Receivables Turnover: 5.61 2.24
Days Sales: 64.18 160.65
about high P/E are real FOOLS.
PE is no way
to measure a stocks performance.
When will you
all learn ?
ATHM is a great company. It is
making loss right now.
Imagine they make a profit of
0.01 sometime soon.
Do you know whats its PE would
then be ? (at current stock price)
It woudl be
158.5/0.01 = 15850 !!
So tell me now, will you not
buy ATHM because of its high PE ?