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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Dave Gore who wrote (49070)4/9/2002 3:26:24 PM
From: mishedlo  Read Replies (1) of 99280
 
Dave, do you REALLY believe those earnings growth estimates.

PEGs have been a scam for years since earnings growth has actually been negative.

Even if that company is growing, all it takes is one bad quarter, inventory writeoffs, goodwill writeoff, or any number of things to kill the inflated earnings estimates and PEG.

This does not mean it is not a relative value here. I will take a look cause you keep mentioning it, but I do not believe ANY PEG estimate.

M
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