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Electronic Arts Inc. (ERTS) Message Board

  • gamezector gamezector Feb 13, 2001 12:53 PM Flag

    EA Deserves P/E of 2000

    I remember reading a story in a best-selling book from Investors Business Daily. Some guy stormed in, said Xerox was had an outrageous P/E and so he shorted on that basis alone. The stock continued to rise and the P/E went through the roof, the sucker lost big time.

    EA is very cheap at only a 700 P/E. At a P/E of 2000 it will be fairly priced. Good luck shorts.

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    • EA is not cheap, and is near the high end of most all analysts price range.

      Ea is expected to grow at half the pace of the computer-software category over the next year, and 30% slower than the category over the next five years. Yet its P/E is triple the categories. Thats without even mentioning the economic downturn that has taken place.

      Facts taken from the yahoo research link.

 
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