Thursday, May 9, 2013

Telecom P/E Multiples Overextended?

"Bubble" is too strong a word. But multiples are too high.

http://on.barrons.com/10d3aRG

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Yes, Follow the Data. Even if it Does Not Fit Your Agenda

When people argue we need to “follow the science” that should be true in all cases, not only in cases where the data fits one’s political pr...