Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Chuzzlewit who wrote (14371)	3/10/1998 10:19:00 PM
From: RGinPG	Read Replies (1) of 95453

Wouldn't you consider selling a stock even if the fundamentals of the company have not changed when the price of the stock has outstripped any reasonable expectations for earnings growth? For example, if the price of your stock has risen to cause the P/E to grow to 50, but the earnings growth is only expected to be 25% in the next year, would you still hold? In other words, if your stock is no longer fundamentally "cheap", would it not be wise to sell?

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