esn & mkb - a comparative analysis, page-162

Fellas. Don't use P/Es. It's meaningless at this stage. If ESN generates $1 in net profit, did you know that it's P/E would be 6 million? Would we be then saying that it's about 1million times overvalued? I think not.

PEG ratio is much more useful. It's the revenue and then earnings growth which drives the market demand for a stocks. MBE's is astonishing on a monthly basis. A trend has been set and to be brutally honest, it's far more mispriced/unervalued than ESN even without considering the proving up of their business model.

Not wanting to compare stocks directly but this is what this thread seems to be about. I would hold off any comparisons until ESN begins to make sales....if they do. One for the watchlist all the same.