Tuesday, February 26, 2008

More Visa IPO Info

A quick statistic… MasterCard went public at a price-to-earnings ratio of 11. Visa's estimated sale price puts it at around 30. Does this mean that Visa will be limited to 1/3 of MC’s high price? Probably not, maybe on some technical plane but if you pay attention to any of the prime analysts or periodicals PE isn’t everything. Especially with the high momentum and interest in this event already stirred up. Besides statistics can be used to anyone’s advantage, just depends how you play the numbers…

But if we want to look at numbers let's look at credit/debit card usage with the chart below…



I am preparing myself to go all in this time and we’ll see what the river has in store for us…

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