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A blast from the past

Started by Biggus Piggus, October 09, 2008, 04:25:51 pm

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Biggus Piggus

October 09, 2008, 04:25:51 pm
I was looking at an analyst's report on AOL from March 2000.

He called a valuation = 21x next year's EBITDA "unusually attractive."

The normal such valuation of US stocks today = 6x.

Time Warner (what's left of AOL) = 5.4x.

It's a bargain!  ;D
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