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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM -- Ignore unavailable to you. Want to Upgrade?


To: SJS who wrote (259)8/19/1999 11:55:00 PM
From: Mobius  Read Replies (1) | Respond to of 989
 
I agree with you, Steve, and I am not terribly worried about the P/E ratio for RIM either. I think the P/E ratio is somewhat meaningless when the earnings per share for a company are near zero.

It wasn't that long ago when MFNX on the Nas was trading at a P/E ratio of 1200, simply because it was earning about 1 cent per share.