| RIAA, MPAA Websites Pummeled By 4chan’s Wrath Users of the 4chan internet forum launched a series of DDoS attacks on the RIAA and MPAA websites over the weekend, temporarily forcing the sites offline. 4chan - Motion Picture Association of America - Denial-of-service attack - Recording Industry Association of America - RIAA feeds.pcworld.com |
Consensus Earnings Growth Doesn't Justify Share Price for Some Tech Bellwether Stocks Ron Shuttleworth submits: Click to enlargeWe have been seeing a lot of price justification related to Apple’s (AAPL) recent climb to near the $300 level. Arguments abound that despite trading at a P/E multiple of 25.3x, AAPL is cheap on a fundamental basis due to its growth trajectory and its cash position. Based on comparative multiples, this may be a flawed argument. A classic method to test whether the market is pricing appropriately for future growth is to calculate the PEG ratio (price-to-earnings-growth). If a stock had a PEG ratio of 1.0x, investors should consider future earnings growth to be fully priced into the stock, and that its growth trajectory is “fairly valued”. Below 1.0x, there is a gap between the stock price and future earnings, and there is a buying opportunity. A PEG ratio above 1.0x infers that the market is overpaying for earnings growth.Complete Story » seekingalpha.com |
World of Warcraft Subscriber Base Tops 12 Million Blizzard's bestselling massively-multiplayer online fantasy surpasses 12 million gamers worldwide as the company prepares to launch Cataclysm expansion. feeds.pcworld.com |
Linux Kernel Update Adds Brawn Without Bulk A new version of the Linux kernel adds security, driver support, and other improvements with no additional mass. feeds.pcworld.com |
Developers Have Hopes, Questions for Mac App Store Mac developers face a brave new world now that Apple plans on getting into the software retail business. The news came Wednesday when CEO Steve Jobs announced... feeds.pcworld.com |