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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 39.34+6.6%10:50 AM EST

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To: William Hunt who wrote (22813)2/19/1999 9:07:00 AM
From: musea  Read Replies (1) of 27012
 
Bill,

You wrote:

I feel comfortable with the stocks I own even though they are at a high multiple . But they both have high forward looking high P/E's because both will grow in to the ranges ( CSCO and LU ) over the next year.

There is a good article on why P/E is not the be-all in the discussion of stock valuation, and perhaps why you should not be as worried about it when choosing stocks like CSCO, LU and DELL. It's at slate.com

This article came up on the DELL thread.

Best,

-musea
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