Teletek: Big Earnings About To Be Posted Message Board

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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted

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To: JakeStraw who wrote (595)	3/20/1996 1:29:00 PM
From: Kevin	of 1014

I don't have a real hard on for P/E ratios, but I'll discuss them anyway. My feeling is that you can miss out on some of the hottest stocks on the market and you will, if you stay away from high P/E stocks. As long as the company maintains strong growth in earnings, there's no reason to sell. Example: if you sold CUBE when the P/E hit 80, you would have missed the stock climb from $43 to $60. Same thing with ASND. If you sold at a P/E of 80, the stock was at $10, but if you held on the stock is now worth $56 with a P/E of 203.

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