and almost MSFT too.
WTF is going on here?
MSFT is a steal and so is NVDA.
Goes to show you the market is rigged.
A stock with a FPE of 25 is a steal with earnings decreasing YoY and margins shrinking?
MSFT has a PE of 14 and a FPE of 10 and is INCREASING earnings YoY.
Makes no damn sense.
NVDA puts all the bad news out at once and we have fallen a lot already.
Now we get to do better then expected from now on.
If NVDA drops GTX line to 250 for the GTX260 and 400 for the GTX280 AMD will be screwed.
You have to give him a break. He really put his faith in this company just to watch it bite him in the ass. He has to sell some margin so he will have some rough days ahead. I've been there and it isn't fun.
Fist off you can't do math..... second you can't dictate future quarters based off one with a huge charge.
from analysts so far. They also are looking at price targets around 16-20.
One thing NVDA does do right however is when they screw up they come back strong. They might not let you in on it right away but they do come back hard.
I say 12-15 short term and if they show the goods 20 by next Spring.
I think you should get all your stock delivered to you in paper THEN fly out to CA and shove it all down Jen's throat then kick his ass.
Of course NVDA deserves to be here at mid teens. They screwed up but should rebound within the year to over 20.
Did you not read the release?? Their margins are going to contract DUE TO THE FACT THEY WILL HAVE TO LOWER THEIR PRICES ON GPUS TO COMPETE.
Well looky who is here. The dickhead who wants oil to go to $200. I would kick your ass if you were in front of me.
I would like to believe you but in this screwed up economy I doubt it.
I think we will see a low of 12.5s sometime before OE. I say we sit in a 12-15 range for 3-6 months. After that it depends on NVDA. If the economy flattens out adn stabalizes I see a move back to 20 in the next 6-9 months. If economy falters you could see single digits in more stocks than NVDA. I don't want to scare anyone but I myself believe we are heading for a SEVERE RECESSION. In a severe recession we will see many companies just disappear. Not NVDA but many others.
In Jan. 06 Nvidia made 2.3 billion in Rev for the year. They made 300 million in net income and had 900 million in cash.
Now even with this screwed up warning they will make ~900 million Rev and after that charge will still have ~1.5 billion in cash. THey should still make ~500 million income. They have comp again but they still have the fastest chip. They just won't make as much money on it as they expected.
BTW in Jan 06 NVDA PPS was 16.