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Technology Stocks : Dell Technologies Inc.
DELL 120.49+0.7%3:59 PM EST
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To: Lee who wrote (34421)3/15/1998 1:41:00 PM
From: Jorge  Read Replies (2) of 176387
 
There was a point, I think 1960 although I would have to look it up for accuracy, where Xerox was trading at a P/E of 100....If someone elected to stay out of Xerox because of their P/E they would have missed out on a 3200% increase in share value over the next 3-5 (?) years, split adjusted, etc......A low P/E may simply mean a company is not doing very well...A high P/E may be well deserved........George
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