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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 49.20+1.0%1:56 PM EST

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To: Frank Ellis Morris who wrote (7491)8/13/1997 6:55:00 PM
From: Sonki   of 27012
 
Frank, Dow moved 900 points today (up,down,up,d). buy & hold is good but do you belive one needs to reevaluate companies in their portfolios? For e.g. if I owned "g" or "pg".

yesterday, g = 50 pe. with earning growth ratio much lower from
14 may be 20%. This is due to money pouring into market that
NO BODY is managing. Why is this not scary? No one managin portfolios w. pe of 50?

Maybe, i just think too much instead of letting things go on auto
pilot. I have been watching WLA slide. Very good company and I would love to own it and after all this correction i still find it expensive to own. Even wla is not 50 pe.

if i had to decide between g and wla i would take wla. Any opinions?
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