Liberty Interactive Corporation Message Board

  • md841 md841 Mar 23, 2009 9:50 AM Flag

    JP Morgan Upgrade of LLinta Toady

    From what I'm seeing retail, airlines and other consumer stocks had an improved March vs Feb. Like LINTA that was priced to "go out of business", news that sales have impoved should cause a huge spike in the stock price. As an example, QVC can earn $1 billion in an OK year. At $1 billion,thats $2/share. Put a 10 muliple on in an there is a lot of upside. Even if QVC earns $750 million that would put the stock back to $10/share.

    Just my opinion.

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