Two weeks ago I accidently ran across Jim Cramerâ€

Two weeks ago I accidently ran across Jim Cramer’s show.... ( I was a huge fan once you know I have his books )...I decided to watch a few minutes and then it really became interesting...........He was talking about market multiples.

He was speaking about Alibaba who recently went public , Jim said this company virtually has know competitors and should receive the very highest market multiple for there line of business. SUNYN75 he said it should receive a multiple of 60 or 80 and why not a 100...........................I couldn't believe what I just heard from Jim !

I remember from my sunny’s notes, companies in this Technology sector should receive a very high multiple............Booyah !!

I did see that Qualcomm slipped last quarter .

BABA - Alibaba Group Holding Limited
NYSE
Open 113.25
High 113.50
Low 110.44
Prev. Close 109.82
52 Wk. High 120.00
52 Wk. Low 82.81
P/E 55.01
Mkt. Cap 275.24B
Netflix, Inc. (NFLX)-NasdaqGS
360.28 Down 7.86(2.14%) Nov 21, 4:00PM EST
|After Hours : 359.97 Down 0.31 (0.09%) Nov 21, 7:59PM EST

Prev Close: 368.14
Open: 372.48
Bid: N/A
Ask: 464.19 x 900
1y Target Est: 417.81
Beta: 3.02
Earnings Date: Jan 20 - Jan 26 (Est.)
Day's Range: 359.50 - 373.25
52wk Range: 299.50 - 489.29
Volume: 2,553,969
Avg Vol (3m): 2,440,810
Market Cap: 21.71B
P/E (ttm): 95.79
EPS (ttm): 3.76
Div & Yield: N/A (N/A)