USRX Message Board - Msg: 764661

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Technology Stocks : USRX

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To: James F. Hopkins who wrote (10164)	2/4/1997 2:33:00 PM
From: Frank DiLorenzo	of 18024

Procter & Gamble's revenues increase 1% and the stock goes up ... now that is fantasy land. Coke's revenues increase 3% and the stock goes up ... now that is fantasy land. Motorola's revenues go up 5% and the stock goes up almost 20% ... now thats fantasy land. Blue Chip, non-tech stocks with top-line growth of less than 10% priced with PE multiples between 25 and 40 ... now thats fantasy land. The market pricing Rockwell International (slow growth) with a similar multiple to U.S. Robotics (monster growth) ... now thats fantasy land.

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