Circa Pict. & Prod. Co. Intnl Inc. (fka CPPD)

[realmoney2]

Once again... what does the P/E tell you about the company???? Not much. It simply tells you what people are willing to pay right now. It doesn't mean it is a "good buy" or a "bad buy".

Do you see a company trading at a P/E of 50 as being better than one that trades at 15? Do you base your investment decision on what other people do? I hope not if you intend to buy low/sell high. I still say that the PEG ratio is a better indicator.

To determine if a company is under or over valued, that company's P/E must be compared to its peer group as well as the overall market.

With all of that said, there are currently NO earnings for this company, and no way to predict future earnings. As I stated earlier, after this thing is up and running for at least 6 months you can start to talk fundamentals. For now, this is being driven on speculation. Period.