Undiscovered Value + Growth Message Board

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Strategies & Market Trends : Undiscovered Value + Growth

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To: John Chapman who wrote (145)	7/23/1998 11:21:00 PM
From: Jeffrey L. Henken	Read Replies (1) of 183

We will see a rotation into the smaller caps before the year is over. I totally agree with you about the big caps. Even MSFT puts out warnings to investors that they are expecting too much. Then you have the idiots chasing the internet stocks with P/E's so high they don't exist. The market is not rational but sooner or later value and growth is recognized. It's too bad PSEM did not earn just one more penny so they could have clearly exceeded estimates. Unfortunately even stocks like AVEI which blew away earnings estimates again this quarter are not responding despite analyst upgrades. Thanks Mr Greenspan. Regards, Jeff

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