No Bubbles here - ReadWriteWeb

Posted by Marshall on July 10, 2008 | Link It

Every so often I run accross a story that talks to me - like Read/WriteWeb's  It's Official: There Is No Bubble post yesterday

….There was nothing bubbly there, with an average PEG of 1.4.

So the next stop is the "middle 20". These are publicly traded web technology stocks with a market cap over $1 billion. In our analysis below, more than half have a PEG below 1.0, which tends to signal "bargain opportunity" to investors. (caution: of course that is only a starting point for analysis, there could be some real dogs in there). Check out this chart:

 

Actually, I work for one of the companies on the list - so, of course, it's interesting to me when someone analyzes the stock value and says it's possibly an good investment.

"…So, it is official - there is no bubble in public Internet stocks. There might be in private valuations, but that is almost impossible to analyze accurately without access to hard data on late stage VC valuations."

 Whew! Glad to hear that.  No Bubbles. here.

 



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