Some Stocks Still Have Questionable Valuations
from the wow-that's-high dept
So, we keep hearing about all those tech stocks that have lost 95% of their value. How about the tech stocks that still have insane valuations. This article looks at a few stocks that have what would normally be considered ridiculous P/E ratios, and who haven't been destroyed by the "downturn". Are these companies the "real New Economy" companies, or are there still a bunch of suckers out there who haven't realized that valuations need to be realistic?Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team