But the narrowing valuation gap means that investors are beginning to see in Nortel what its customers have seen all along.
"We expect IBM shares to hold up in the near to mid-term, owing to company-specific factors that should narrow the large valuation gap to the peer group that exists currently," he said in a research note.
Regarding TTO, this is probably due to the relatively narrow ranges of valuations assigned by this group; a small shift in valuations has larger impact on test-retest reliability compared to the other groups.
Liani says that Orckit's shares could, from their price of $45 in late January, reach $80 in the next 12 to 18 months; he says that will be just the start of a narrowing in the valuation gap.
The long-term potential of the spinal business could help narrow the stock's valuation discount relative to peers.
Overall financial conditions have eased, as risk spreads narrowed, stock market valuations surpassed their pre-crisis peak [9], and bank credit conditions gradually eased.
That made the value shares look very cheap by comparison and created the conditions for an extended period of catching up.By the end of 2006 there was a much narrower range of valuations in the market.
But when ships are actually sold, subscribers can look back at how the website valued them just before the sale, and see that its estimates were pretty accurate.If the gap between online and offline valuations narrows, it may be a sign that VesselsValue's algorithms have picked up a turn in the market before the brokers have noticed it.
Yet many people had thought the valuation gap would narrow in the opposite direction namely, that Chinese share prices would collapse back to Hong Kong levels.The jump in Hong Kong stocks is, on one level, a sign that China's financial reforms are working as intended.
Even if a watered down version of PelosiCare does pass the Senate, the health sector's valuation discount will narrow.
Not bankruptcy, but by taking money and earning a higher valuation, you've narrowed your options significantly.
