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Technology Stocks : Saville Systems (SAVLY)
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To: Adelantado who wrote (129)7/21/1998 2:00:00 PM
From: Mason Barge  Read Replies (1) of 261
 
<<Fortunately, or unfortunately, the market has no real staying power >>

I think this is a terrific outfit, but I must say, with a PE over 60, you can hardly complain about a jittery market dropping the PE under 50. At such high multiples, any hint of slowed earnings growth will (and in my mind, legitimately) cause a big drop. There's just too much that can go wrong.
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