Forum Archive Index - June 2000
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[sharechat] INL
What are everyone's thoughts in INL and where they are going.
I cannot seem to explain via my digging why its PE is about 55. I have some
thoughts can people help
- a share spit always pushes up price
- they own lots of SKY ( but they are currently loosing money)
- they have a new site that is going to loose money for years
- they own lots of newspapers, which from my point of view I am going to
stop buying if they offer the content free over the web eg. stopped buying
NBR now, that $7 more a week.
But I cannot explain the PE valuation. Can people offer any light on this?
Phil
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