Forum Archive Index - October 2000
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[sharechat] Advantage P/E
John
The current PE quoted of 30 on NetBroker is based on earnings of $2.97M to June
00.
Getting sensible info out of ADV is pretty hard but if, as they say, revenues
go to $100M in 2001 and they made $6M profit on this PE would be about 19-20.
$12M profit reduces PE to 10. Take your pick.
Back to an earlier post of mine ( dot went wrong) the world is looking for
sensible stocks at sensible prices.
My feeling of ADV is that thay are now a player in a maturing market. There
will be strong growth in revenues but profit aspirations might be hard to be
met.
Still only a 150-200 price range in the future for me
Good luck
Peter
No ADV and still not tempted
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