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Technology Stocks : All About Sun Microsystems
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To: cfimx who wrote (35863)9/29/2000 12:47:38 PM
From: Prognosticator  Read Replies (1) of 64865
 
Well, OK then twister, since no one here seems to know what a P/E ratio is, except you, I'm going to try and figure it out empirically. You said:

I've never seen anyone so excited to see the p/e of a stock they own be at 107. <G>

So this means that a low P/E ratio is better for holders of a stock? Wow! Microsoft stockholders must be ecstatic that their P/E ratio is 1/3 that of SUNW.

Hey thread! What can we do about getting our P/E ratio back below Microsofts? Should we raise this issue at the November shareholders meeting? I personally want to know what Scotty is doing about this travesty of a P/E ratio.

I personally prefer stocks who's P/E ratio is greater than their price: don't ask me why, I just do OK. This strategy has done really well for me, especially right after a stock split: in this situation I find a whole load of stocks whose P/E ratios are higher than their prices, and I load up! So whatever a P/E ratio is, I'm really all for them.

P.

<blah blah blah, not investment advice, blah blah blah>
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