Multiples Quotes

With the stock trading at premium multiples and momentum investors exiting the stock, it may take some time ... to re-establish an upward trend. - Chris Shilakes

While we are very confident about the firm's underlying fundamentals ... Network Appliance's rich multiples require continued strong upside surprises and estimate increases, both of which are unlikely to happen near-term as the law of large numbers catches up with the company. - Andrew Neff

We've had quite strong earnings, but that is starting to be reflected in the price. Multiples currently are getting high and things are looking a bit stretched. - Daniel Birch

We maintain a bullish view, however predicated on indications that the fourth quarter is tracking inline/slightly ahead of expectations, an upward bias to fiscal 2006 earnings estimates, the fact that investors are beginning to look at and discount fiscal 2007 estimates, which make valuation multiples more palatable, and further consolidation into the New Year. - Youssef Squali

We know it's easy to get swept away in a growth market... But I've been in this business more than 25 years and I've watched investors figure out a way to justify incredible multiples, only to see valuations collapse back to the underlying worth of the company. We are value investors, and at these prices, we aren't going to buy names like Microsoft. - Michael Price

We continue to believe that growth expectations for the semiconductor industry in general are too high, and multiples in this industry have to come down. - Paul Leming

We are bullish on the market... You mentioned...that we've upgraded some target prices on technology shares, but we're also trying to focus on the value areas of the market, too, because a lot of excellent companies delivering double-digit earnings growth are trading at below-market multiples, and we think are good values here. - John Eade

This event highlights once again the difficulty in determining earnings for derivative transactions. It also encourages those who feel that bank accounting in this area is weak. It is a reason why many large banking companies have such low multiples on their stock. - Dick Bove

They could pay multiples of what they're now offering. They could buy Guidant out of their free cash flow every two years. - Robert Goldman