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Technology Stocks : Nortel Networks (NT)

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To: Master (Hijacked) who wrote (7621)10/25/2000 3:20:10 PM
From: telecomguy  Read Replies (1) of 14638
 
No Bambs looks at last year's earnings and then calculates the PE and believes it is overvalued.

he doesn't understand that some companies earnings grow faster..much faster...than others so when comparing PE ratios between IBM and NT, one cannot just look at PE.

But then, Bambs is none too bright as he didn't even make a penny shorting NT even though he was SURE it was overvalued!
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