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Non-Tech : Just For Feet (FEET)

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To: Mark T. Heath who wrote (9)11/9/1996 10:46:00 PM
From: J. Kittle   of 750
 
Mark:

I've found on some of these new high flyer stocks, you can't look at the PE and make a decision, cause it is always at a ridiculous multiple. Sometimes the PE is higher than it should be for a buy using earnings estimates two years in the future--but they keep on growing and opening new stores and the stock keeps on going somehow. Sometimes, you just have to close both eyes and buy it. HA!

Jeff
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