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overachiever

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overachiever

Re: xDREWx post# 111608

Sunday, 06/14/2009 6:34:03 PM

Sunday, June 14, 2009 6:34:03 PM

Post# of 346920
P/E stands for price to earnings, not price to sales. Price to sales ratios on companies are most often much much lower than price to earnings multiples. In today's market, price to sales ratios of less than one are often found. Beyond six to one are rare.

Yes, I do really believe that. It's only 30P/E if there's $150 million in sales.

You don't really believe it will be less than that do you?

We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it. --Patrick Henry, Patriot and Hero of the American Revolution

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