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Technology Stocks : TLAB info?

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To: craig crawford who wrote (2303)	3/27/1998 3:04:00 AM
From: Chuzzlewit	Read Replies (1) of 7342

Craig, I don't claim that it can't be done. I just claim that I can't do it, and I've seen no evidence that it can be done consistently. People have been making the same kinds of bets as you are talking about on stocks like DELL and PSFT forever -- and getting killed forever. The hallmark of any growth stock is exponential growth in earnings. The result of that should be exponential growth in the price of the stock so long as the visibility in earnings is there. That's the major attraction (for me anyway) in growth stocks. Well, it's time to go to bed! Talk to you tomorrow. Paul

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