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To: Think4Yourself who wrote (52935)10/13/1999 5:24:00 PM
From: William JH  Respond to of 95453
 
JQP - Our friend Tom Galvin was on TV again today. He said that growth stocks have lower PE's than energy stocks, and better dividend yields to boot!

His comments seemed entirely self serving to me. I'm sure that he is looking at the trailing PE's of energy, last year being terrible for that sector. He probably doesn't want to talk about forward PE's.