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Non-Tech : UNDERVALUED STOCKS
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To: Grommit who wrote ()8/9/1997 10:35:00 AM
From: Harold Boxenbaum   of 580
 
Grommit,

In determining an undervalued stocks, one trader I know,
compares current or projected P/E ratios to that of the group.
So if the stock you just recommended has a projected P/E ratio
equal to that of the group, some would not consider it
under-valued. To the best of my knowledge, Zachs does not
provide P/E values for groups. Any thoughs? Harold.
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