Investing.com investing.com 07 Jan, 2021 07:30 am

Investors, ‘What Were You Thinking?’ Part III

Investors, ‘What Were You Thinking?’ Part III
Stocks Analysis by Jesse Felder covering: S&P 500, NASDAQ Composite. Read Jesse Felder's latest article on Investing.com

” That is the rhetorical question Scott McNeely, CEO of SunMicrosystems, asked of investors paying a “ridiculous” ten times revenues for his stock at the height of the Dotcom Mania.Indeed, what were investors thinking 20 years ago not only paying 10 times revenues for Sun Microsystems but also paying that ridiculous multiple for 44 other stocks in the S&P 500 Index?Nearly 60 of the S&P 500 Index components currently trade more than 10 times revenues.Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website.2 Head-And-Shoulder Patterns Point To Possible Short Candidates By Tim Knight For your consideration as short candidates, these well-formed head & shoulders topping patterns: Atlas Air Worldwide Holdings (NASDAQ:AAWW) DR Horton Inc (NYSE:DHI) would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

people
organizations
Read full story at investing.com