$Astera Labs (ALAB.US)$ cramer had a little segment on this ...
$Astera Labs(ALAB.US$ cramer had a little segment on this company last night saying that the analyst at research on it was using price to sales and price to revenue for 2028 and based off of that the stocks hit his price point yesterday of $85 even and that even if they grow the revenues going forward at that rate the stocks overvalued trading at I believe he said over either 100 or 400 times forward revenues. well Nvidia trades at just over 30 times revenues.
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10baggerbammOP : I'll say this just as a point of fact I've been in the business over 35 years I owned a broker dealer in the 90s and back in the com error in 1999 1998 you had companies going public to a week 3 week 4 week or now where's near that by the way but back then the valuations were four and five years forward projections for revenue for profits and the company's booked like nothing you know very little minimal revenue no profits burning cash hand over fist and that's why they called it a bubble so when companies are trading at 100 times 200 300 400 times forward revenue several years out it's toxic now all of that being said the stock can go up so don't come back and shoot the messenger me I'm just saying that this is a sign of caution that euphoria only lasts so long and what's happening now. every IPO the spike is the beginning of the run so you can buy with a high degree of certainty any IPO that happens in the tech field even if it's up 100% it's first date because the next several days you're going to have significant gains but you got to get out.