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bbotcs

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Re: wadegarret post# 15525

Thursday, 07/07/2005 2:04:28 PM

Thursday, July 07, 2005 2:04:28 PM

Post# of 173869
wadegarret: MFIC

A PE of 30 or less should be okay for considering a purchase, if you think Jim Cramer is right. If I heard him right, which is in doubt, he likes a company if it sells for less than twice its growth rate. So, if they grow earnings by 15 percent, I guess he means that a PE under 30 means undervalued.
I might be out to lunch on this.

I'll wait on MFIC until I see some more sales. Their equipment isn't going to fly out the door like cell phone accessories.

bbotcs

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