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

No comments:

Ironically, Home Owner Solar Power Damages Universal Service

A shift of consumer electrical service charges from “usage” to “a connection fee,” as happened in the telecom industry, will upset tradition...