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Strategies & Market Trends : Waiting for the big Kahuna

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To: Lazlo Pierce who wrote (15883)4/9/1998 4:49:00 PM
From: jef saunders  Read Replies (1) of 94695
 
> LU P/E is very high ...

not nearly as high as other technology stocks ... look at YHOO
who earned 8 cents this quarter, and went up 13+ points.
i'm seeing other technology stocks get buy recommendations
even with P/E's of 100s. (RMBS, PSFT). better off with puts
on stocks whose promise of earnings increasing is not so good.

jef
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