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Re: wadegarret post# 102731

Thursday, 01/19/2023 8:57:23 AM

Thursday, January 19, 2023 8:57:23 AM

Post# of 117266
Wade - SMCI had a forward PE of 14 at the start of 2021 and 2022 ... where are you seeing that it never got over 9 ???? Historically it has been MUCH higher than 9. The big correction is the tech sector is the reason the PE is now so low.

Analysts have been very wrong on their estimates which the company has been consistently beating by a wide margin .... so one can't put much credence in them. It will be interesting to see the Q3 guidance. I think analysts will be ratcheting up their estimates yet again.

The recent short attack is biased, of course, but does point out some business risks going forward, so that bears watching.
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