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Technology Stocks : All About Sun Microsystems

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To: cfimx who wrote (20746)10/5/1999 10:16:00 PM
From: JC Jaros  Read Replies (2) of 64865
 
is it. please explain how this is happening. what makes you say this?

then i will give you my answer


Ooo. I feel like I'm on the Psychic Friends Network.

Okay, the price, that is, the price of MSFT, is less today than it was yesterday. The earnings, that is, the MSFT earnings are the same. Therefor, the price/earnings ratio is less today than it was yesterday.

You said, a high P/E was bad. I reckoned if so then, a lower P/E is better?

Is that wrong?

-JCJ
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