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Politics : Idea Of The Day
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To: Judy who wrote (15384)12/13/1997 1:43:00 PM
From: Sonki  Read Replies (2) of 50167
 
judy, remember we are in erning warning period, things may not as bad as warnings are. since, the bad news comes out first.

orcl,csco etc. had a very high pe anyway. high pe maybe justified if consitency in the earning is maintained (i.e. KO, MSFT), so
naturally when ORCL short falls first they have to give a haircut
for the high pe to beigin with and then for the shortfall. Asia
is a great excuse.

EFII....why are people treating this company as if it is going out of
buisness sale? i m tempted to pick it up. any opinions?
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