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View Full Version : Toyota profit to miss forecasts by 40%: Nikkei


treerootCO
10-08-2008, 08:00 AM
http://www.marketwatch.com/news/story/toyota-profit-miss-forecasts-40/story.aspx?guid={DF23D66F-3490-4290-A76D-330248CCD746}&dist=msr_22

pmccumber
10-09-2008, 09:09 PM
http://finance.yahoo.com/q?s=TM

P/E = 6.21 (obviously going up but still). Down 50% from its 52 week high.

I'm one of the bigger bears on any board but this company is loaded with cash, more nimble than any in the world, and better positioned to meet newer markets.

We been told to look in tough times for companies that have strong products and strong balance sheets.

Personally, if I think there is a bottom anytime soon, I'm buying TM.

Paul