shot i called them over valued in December, who was to know that...

shot i called them over valued in December, who was to know that January would be as bad as it was, clearly there were a lot of over valued companies in December, whose multiples have been brought back down to reasonably levels as a result of Janaury. I am going to claim credit for suggesting at 17 times earning that in December they were overvalued. SDM is now trading on a much healthier earnings multiple. One thing i will agree is that the results of SDM today are very very solid. Solid EPS growth has been delivered, and is forecast to continue, PE is reasonable, PEG is low and attractive, balance sheet is pretty solid. Could be a buy if you can pick up again below $2.