Thread: Visa Ipo
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Old 03-19-2008, 02:08 PM
Broken Arrow Broken Arrow is offline
Foot in mouth diseased
 
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Quote:
Originally Posted by jc3900 View Post
Sorry, but you guys should give me some evidence before you anounce this as the best IPO ever. Phrases like "its the next google" and "get it while its hot hot hot" make me wonder if you guys even know what you are buying. Firstly, anyone who bought today, excluding investment bankers, paid near 60 and not 44. Second, what is the pe ratio on this puppy. How cheap is it given the projected growth. Give me some more stats than just sayin it is the next google. This could be a homerun play, but give the reasons why visa is going out of the park
Harsh words, jc... but not without merit. With stocks, it would be best to do the best research you can and find a fair market value, and base your purchase decision on that. It would be best not to get swept up by the rest of the market frenzy.
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