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LYC: Insanely overvalued, page-123

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    Jezza, while I respect your thoughts, I'm curious as to what you look at to say ' currently overvalued from a purely fundamental perspective'? If it's involving the past, would you not say that a dated conclusion?
    I always wonder why some look so much at the past and say a company is over/under valued. After all, if you invest based on past metrics, you will always be behind the 8-ball.. current and future is, IMO, what should matter. But that just my thoughts.
    jmho
 
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