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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Mike Buckley who wrote (43555)6/16/2001 1:01:22 PM
From: Stock Farmer  Read Replies (1) of 54805
 
Hi Mike

LOL... you are swift. I'll leave the majority of nits to you from now on (except maybe if they start crawling around in abundance). Only pick on substantive stuff.

Like most of his ilk, your foolish journalist was close.

PE is actually a simple-minded version of DCF. PEG is fiction and has no basis in reality. Except perhaps that when you take a very large number (computed pe) and divide it by another large number (unsustainable growth rate) you get a number closer to what a reasonable PE ratio might look like.

John
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