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 Technology Stocks : MIPS Technology

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To: Scumbria who wrote (193)5/22/2000 11:06:00 PM
From: thomRead Replies (1) of 337
 
Scum- Bag it. Sell now!

Let's see. they are going to earn about .90 in '01. At the IPO price of $14 that is a PE of, what, without a calculator, 16ish. Pre-IPO, I DON'T THINK SO!!!

A company growing at 50% earnings with real actual earnings is entitled to WAY, did I say WAY?, more than that. Let's conservatively give 'em a PE of 50 which translates to $45 per share. I could be wrong...

The market is fucked in the head!

thom
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