NEW YORK - Well it is certainly a tale of two valuations by Wall Street in tech. On the one hand we have, Research in Motion the Canadian based firm selling at 5.75 past earnings and 5 times their forecast-ed earnings. We have Apple still growing at almost 50% a year selling at 15 times their earnings. We have Cisco selling at 12 times, Microsoft selling at 9.39 and Intel selling at 9.96.
These are unheard of multiples for these companies, most which are tech companies and people have historically paid higher premiums for tech. RIM is selling at the lowest PE out of any firm above $15 billion in market capitalization.
On the other-side their is SalesForce selling at 408 times earnings. Groupon which is expected to IPO for $20 to $30 billion selling at no multiple to it earnings because of their large losses. There is Linkedin selling at 2000 times earnings.
Research in Motion reports on the 16th. Investors hope that the Blackberry maker will show some sort of revenue growth and profit stablization. Investors are no longer hoping their blackberry maker is the future they just want it to be part of it.
To see the full RIMM report click here.
To see the full AAPL report click here.
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