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Microcap & Penny Stocks : ACRT about to move to new highs
ACRT 0.110-7.6%Dec 30 4:00 PM EST

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To: Andrew Q. Viet who wrote (3801)3/19/1998 1:10:00 AM
From: F. Lynn  Read Replies (1) of 7054
 
GIGO. Don't get snippy with me---I am perfectly aware of what a peg ratio is. Do you really believe they can grow 75% a year for five years? Do you know how rare this is? You have clearly gotten your information from simplistic 90s style investors like the motley fool.More experienced investors realize that five year forecasts are so inaccurate as to be worthless .

Another well known phrase is "Companies with low barriers to entry, and poor capitalization can rarely grow 75% a year for five years." Also, chew on this:" Show me a company trading at a huge discount to its expected growth rate and I will show you a company whose estimates are about to get slashed." If you are such a fan of the peg, go buy western digital or seagate.
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