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Technology Stocks : CDMA, Globalstar versus Iridium, Inmarsat, etc.
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To: Maurice Winn who wrote (263)8/26/1997 5:24:00 PM
From: Larry L   of 381
 
With projections of the Dow Jones acheiving 15,000 by 2002 I think that you are probably very conservative. Particularly considering what high fliers these stocks will be and the much higher P/E ratios that they will carry. I further beleive that if you began at $20 per share and invested a mere $5,000 and the stock doubles a mere 8 times then congratulations you are now a millionaire. Take a look at what Dell Computer has done with a relatively common product and this does not seem so ridiculous.
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