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Technology Stocks : Lucent Technologies (LU)
LU 2.415+1.9%3:59 PM EST

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To: Haim R. Branisteanu who wrote (6339)2/20/1999 11:45:00 PM
From: ed  Read Replies (1) of 21876
 
One thing you forgot is the price of the stock is decided by How much money in the market is running after limited number of Stocks. The PE did count. It is based on
the sentiment of investors to decide the reasonable PE, it can be 10, it can be 30 it can be 120. The history of the past did not necessary predict the future price model of stock !!!!!!!!!!
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