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Technology Stocks : All About Sun Microsystems
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To: Prognosticator who wrote (42074)3/15/2001 8:58:06 PM
From: Stock Farmer  Read Replies (2) of 64865
 
Hi Prognosticator - cross ref discussion on PE back on CSCO thread too.

Simply stated, PE as an accurate measure of comparative price between equities depends on many assumptions. Most of which are violated by growth stocks.

Using PE to measure a stock is like weighing people by measuring their height. The two factors correlate... but loosely. PEG is new economy garbage.

Use Both Sparingly.

Boring details here: Message 15468499

John.
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