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Politics : Ask Michael Burke
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To: MileHigh who wrote (62801)6/19/1999 10:15:00 AM
From: Knighty Tin  Read Replies (2) of 132070
 
MH, Actually, I was a bit incoherent in my previous post. I was calling high PE stocks a Ponzi Scheme, not Rambus is particular. I have always considered Rambus a zero/one situation. A handful of the high pe stocks will do well and most will collapse to single digits. The problem is, when you overpay for stocks, you had better make sure you have one of the few winners.
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