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Message: Re: Another New Low of the Year Established

Re: Another New Low of the Year Established

posted on Jul 08, 2008 10:41AM

Do you see any really good reason for our share price to be this low? I do not. A P/E Patio of 3.

Is that P/E for TTM? That's investing on old news.

To calculate forward P/E you need a number for earnings estimate. Right now I would put the forward P/E at Not Available. That is the problem here. There is no idea if/what/when about future earnings. It will get no new buyers and "longs" will slowly bleed off. That's why the PPS is where it is.

It's lucky to be trading at a multiple of cash, let alone TTM earnings.

Good news can change everything but there is no indication that any good news is forthcoming. Pretend for a minute you don't own PTSC and have never heard of it. Look at the chart and news going backwards. It is certainly not attractive.


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Jul 08, 2008 10:49AM
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