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To: DOUG H who wrote (66133)7/2/1999 10:59:00 PM
From: KeepItSimple  Read Replies (2) | Respond to of 164687
 
> Can any one name an internet stock growing so slowly that it can >only fetch a 30 PE?

Define growing, will you? Giving more dollar bills away for 95 cents than you did last quarter doesn't mean squat to me. Hiring more advertising staff doesnt mean squat either. Building 7 new "campus" style buildings doesnt impress me that much- Netscape tried it and never earned a profit afterwards.

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Why is it that the one thing that never seems to grow, is profits?
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Everything else grows.. Losses, expenses, marketing costs..

Yet profits still never grow! I guess it will take a while for people to face the truth and realize that most of these companies will never make one thin dime in profits for anyone except the insiders who are laughing all the way to the bank. :)

> Can any one name an internet stock growing so slowly that it can >only fetch a 30 PE?