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Technology Stocks : PALM - The rebirth of Palm Inc.

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To: oxman6 who wrote (2059)10/10/2000 12:03:17 PM
From: TechieGuy-alt  Read Replies (2) of 6784
 
Just heard a small segment on CNBC. This guy from prudential (Ed something I think), listed PALM as one of the stocks with "good long term growth potential" but "high P/E ratio". The P/E listed for PALM was 80.

This was a list of stocks that are "still flying high" in the tech sector and have not corrected yet. Hence it was advised that one be "careful" of them.

TG

P.S. The italisized phrases are not to signal my contempt for them but rather the "phrases" that I remember from the segment.
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