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Rackspace Hosting, Inc. Message Board

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  • joe_gbrt joe_gbrt Nov 22, 2010 8:43 PM Flag

    Educate me on the cloud

    its PE was in the 80's just a short while ago ( 2 weeks ), 40% more than where it is today , don't waste your time on P/E's

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    • HI JOE ==we are doing fine with the dow being down every day.if there is a santa claus rally i'll venture to predict rax will blow thru 30 and beyond. bb-gump might be interested to know that when J.P.MORGAN first started out lending ,he did'nt look at a borrowers bottom line or or his P.E.-he looked at the borrowers character -here in TEXAS we are very big on character.

      rackspace has a huge line of credit [ check it out] if needed for future growth and expansion. so there's no problem there.

      hang in there and we will be flying first class

 
RAX
52.53+0.48(+0.92%)Apr 20 4:02 PMEDT