Is Nike Worth Forty Times Next Year's Earnings?

Nadine, what do you say about nike to day? Is it worth forty times next year's earnings at this point when there is a question mark about next year's Earnings? Well, i think that tim made a really good point about being a long term shareholder. If your investment horizon is a very short term, you're looking at the technicals and my technicals are saying, i wouldn't trade this right now. But if you're intermediate to long term holder, as tim pointed out, really strong demand. This isn't a problem with management. There's just transitory. Can be for a while, though,. mel, but it's going to take some