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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Bill Wexler who wrote (8536)12/17/1997 9:17:00 PM
From: sammy levy   of 9285
 
Bill

I've read many of yr posts.you gave the impression u are a wise man.
I am very surprised u dont know why slowing earning growth is bullish
Pay attention---Lets say a company like YHOO is expected to reach 500% earning growth and it reaches it in 6 MONTHS,the stock goes to $250.
The problem is-once it reaches its goal in 6 months,there is not much growth expected and the price will decline.
On the other hand,if the growth is going slowly,at 1% a yr,the price will go thru the roof expecting the 500%,and by the time it reaches it,the stock may get to u name it.
YOU SEE ?

Sammy

p.s
I think i persuaded myself.THU I am buying yahoo
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