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Technology Stocks : All About Sun Microsystems
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To: JC Jaros who wrote (33560)7/14/2000 3:50:59 PM
From: Steve Lee  Read Replies (1) of 64865
 
You are currently learning the hard way that this is not true:

"If you never hold a stock that has a PE over 30, you'll screw yourself out of a LOT of money"

Take a look at SUNW's earnings intelcapital.com and at SUNW's stock price a few years ago, and you will see that it once was a low PE stock, and it has made investors money. It is now a high PE stock, and will not do so well. Same with CSCO, same with INTC.
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