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Replies to #15137 on The Black Box
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wahz

04/12/04 2:21 PM

#15138 RE: wahz #15137

lisa, I just got done reviewing neng, and if neng is on track, i still hold to my target of 16 in less than one year. I am basing it on that idea that they will have a .10 q within 4 q's and deserve a pe of 40 based on a 60-110% growth rate, and a projected rate of 50% plus for the year ahead of that

i have been around long enough to know that the price action might mean something. But, did yahoo deserve to be at 8 in summer of 02, for example? Price action is rarely correct, as we have talked about recently