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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: Jack Colton who wrote (11347)12/2/1998 10:49:00 AM
From: Greg h2o  Read Replies (1) of 42804
 
re: DIS...maybe a short-term buy due to A Bug's Life and xmas around the corner, but why buy a stock at 35 times trailing earnings when they've already warned earnings will decline over the next 12 months????? I just don't get it...I guess it's more of the same...ignore fundamentals and buy companies with which you are familiar. Everyone read that part of the Peter Lynch books, as it is surely the most frequent part of his books that are quoted. Everyone tends to forget Lynch still looked at the fundamentals. I'd be willing to bet he's not buying DIS for his portfolio right now!
greg
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