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Technology Stocks : The Roaring Twenty 1998

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To: Dale Baker who wrote (227)1/1/1999 1:07:00 PM
From: White Shoes   of 338
 
I'm wary of PEG. You can make a very long list of companies, especially in the high tech field, who have projections of earnings two years out showing a double from the previous year. More often than not you'll see them come in at nil earnings instead of the projected .70, or whatever. Depending on the size and reputability of the outfit, of course.

I just don't know enough about PLCM to have much of an opinion, but hey...it's your pick. I dislike videoconferencing as an investment. In practice I don't see people adopting any kind of a standard in the corporate world. Though there is some use of this sort of thing, who knows where PLCM will be 5 years from now. But since I've already said this I do concede that the company has impressive financials.

Personally, I'd take the word of 1 or 2 people using the system over 500 comments on the Yahoo thread.
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