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I think he's implying that if the price drops to $10, the PE would be at a reasonable level.
by jwoah12 14y ago
I think he's implying that if the price drops to $10, the PE would be at a reasonable level.
- baq 14y agoexactly - and that's assuming their profits keep growing.
- tedunangst 14y agoI'm just used to seeing it phrased "at $x the p/e would be...". Not a big deal, but HN has dialed the financial illiteracy up to 11 recently.