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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: If only I'd held who wrote (99288)9/24/1999 7:15:00 AM
From: Wes Stevens  Read Replies (1) | Respond to of 119973
 
That would be funny but the opposite is likely to happen. If the market continues to slide people will forget who started the slide. Microsoft's p/e is 65, pretty high but their growth rate continues to be incredible. Compare it to the rhats of the world and they will hold up better then most in a down market.

If thing get bad enough that people start looking at p/e's again rhat will be back in single digits.