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Re: Millenium323 post# 120615

Monday, 02/15/2010 3:53:49 PM

Monday, February 15, 2010 3:53:49 PM

Post# of 241039
Ever hear of a company called Research in Motion? For years its P/S and P/E ratios were skyhigh. Now look at it. It has split twice 2 for 1 and once 3 for 1, and its share price is around $70 after the IPO of $10. Not bad. The moral here is that you can't go by P.S or P/E ratios exclusive of promising product. If you believe in this product buy the stock. If you don't, sell it and shut up.