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