Quote:
Originally Posted by DaFonz
ok i know it's been hashed, but someone please point out to me something I'm not seeing.
RIMM trades at a PE of 4 (3 if you back out their cash reserve)
Nokia trades at a PE of 11.
Nokia is FAR more fucked than RIMM is, yet everyone is betting that RIMM is going to die?
I mean yes, they're bleeding to aapl and android, but 3x. Really? They're being priced like they'd lose 1/3 of their revenues YoY yet the data shows that they increased topline by 5%.
Huzzah? Value trap?
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Nokia buyers are buying in volume for a flip maybe.