% | $
Quotes you view appear here for quick access.

Dover Downs Gaming & Entertainment Inc. Message Board

  • dick_cfa dick_cfa Jul 13, 2006 1:44 AM Flag

    Hatchet Job

    It looks to me as though the shorts are desperate to drive this stock down. The Street did a hatchet job on it with pitiful analysis work. Comparing the second quarter to the first is like comparing s__t to shinola. Compared to last year, second quarter revenues are up and earnings should be up also. If you believe analyst estimates for 2007 for LVS and WYNN when they can't even get next quarter close, then you should sell the stock and buy the high flyers. If, like me, you prefer to look at what has actually happened in the real world, you will see that the P/E for DDE is around 25 on last twelve months earnings. The P/E for LVS is 66 and the P/E for WYNN is infinite (no earnings). I know that the outlook for earnings growth at LVS and WYNN is excellent, but I thought DDE had a few things going for it also. Don't count this company out just yet. I think it is worth $25.

1.05-0.02(-1.87%)Jul 22 4:00 PMEDT