4 ms·
NET is massively overvalued here, given the selling and repricing context. It could drop by another 50% and still be very richly priced. It's trading for 28 tim
by adventured 4y ago
NET is massively overvalued here, given the selling and repricing context. It could drop by another 50% and still be very richly priced. It's trading for 28 times sales, which is absurd. I say that as a big fan of the company's long-term prospects. Wait a while yet, it can be had for below $45 at least.
- azinman2 4y ago28x sales doesn’t seem so bad to me for a young highly innovative company with a huge fan base and real revenue streams that aren’t simply ads.