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Markets value companies based on, amongst other things, profits and expectations of growth. According to their most recent quarterly results, PEPCO's revenues s
by umeshunni 13y ago
Markets value companies based on, amongst other things, profits and expectations of growth. According to their most recent quarterly results, PEPCO's revenues shrunk by 3.2% and they made roughly $250M in profits. FB, by comparison, grew revenues by nearly 100%.
- AndrewKemendo 13y agoI'm not debating why things are valued the way they are, I am stating that I think such valuations indicate a critical flaw in the behavior of market participants.