New oriental school

**yhan** Thu Sep 07, 2006 8:38 pm

New oriental school
Haha,

http://news.wenxuecity.com/messages/news-gb2312-306550.html

This stock is traded at 20 - 22. What do you think, blast?

**blast_investor** Thu Sep 07, 2006 9:40 pm

Re: New oriental school
What is the name and ticker of this stock?

**yhan** Thu Sep 07, 2006 10:53 pm

EDU

**yhan** Thu Sep 07, 2006 10:55 pm

I do not like the ticker name. EDU. What a shame. Wall Street MM. too naive, too simple.

edu is the Internal domain for all US higher education. :shock:

**blast_investor** Fri Sep 08, 2006 12:02 am

This stock NEW ORIENTAL EDUCATION & TECHN (ticker EDU) is bubble stock.

It earned only $6 million last year, the past growth was not impressive. but its market cap is $700 million.

Price to revenue ratio is at more than 7x, well above any comparable US stocks. Its PE is more than 100

This is purely trading on the hot idea of huge China market with bubble valuation. I would stay away.