WTT-Wireless Telecom. Message Board

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Technology Stocks : WTT-Wireless Telecom.

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To: Richard Estes who wrote (2108)	6/5/1998 12:34:00 AM
From: John Chaffin	of 2426

Potential earnings and wishful thinking are what make those stocks sell at that price. LU has a P/E of 200+ and is selling at $65-75, I don't think those people are buying LU because of T/A, they are buying it because of the long term potential. There are lots of stocks that way and most are in the tech sector. Why is MUEI selling as such a low price while DELL is/was booming, when MUEI, IMO has a better computer package at the same price? Now I will say that I have not been following Dell and Micron Electronics closely enough lately to compare the companies, other than the stock price and product line, so that could be an irrelevant point. But then of course, we may not agree on this because of your alma mater :-) Roy

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