Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: 0gre Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2808  
Subject: Re: Garmin Date: 10/2/2007 4:34 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 4
This is my totally amateurish/ quick and dirty way of knowing when Garmin is a good buy.  Garmin generally bounces around inside a range of PEs with a low around 22 and a high around 35.  The closer you are to the low end of that range the better.  When the PE is below 25 it's a fire sale.  Using this crude metric here is an equally crude representation of where we sit right now.

                       |
25 . . . . 30 . . V . . 35

Even though Garmin just got shaved for a whooping 20% in the last 2 days it's still not a screaming bargain.  Even so,  earnings are likely to continue up throughout the year and Garmin tends to finish the year strong.  This is a good price to get your feet wet and test the water.

Of course...  this is all just baloney, voodoo,  and is likely as accurate as reading entrails. 

-- Dennis
Longer Garmin than anything else.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Value Hounds

Considerable Headwinds for Profire Energy?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement