America On-Line: will it survive ...? Message Board

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Technology Stocks : America On-Line: will it survive ...?

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To: zax who wrote (11674)	11/1/1998 2:33:00 PM
From: Jorge	Read Replies (1) of 13594

Zax...Some of my best investments over the years have been in stocks that have high P/E's....DELL, for instance (one of my other stocks) has been purported by it's detractors to have had too high a P/E for several years...Well, my friend, if that was your position a few years ago and you chose not to invest in DELL you would have had missed out on amassing a great fortune...This argument has been around for all my stocks for quite some time.........Let me ask you this:...What does P/E have to do with making a LITERAL fortune in a company?....I will be quitting my regular job in a short period of time, with growth in my high-P/E'd stocks reaching well past the million dollar mark, to be involved in philanthropical endeavors.....High P/E stocks have made this possible.........If high P/E'd stocks "bother" you may I suggest some steel industry stocks that may be more to your suiting. Regards, George

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