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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Benkea who wrote (30087)10/15/1999 11:07:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
Look at your own link and payspecial attention to the growth rate in the bottom table. 7% in an increasing interest rate environment does not equal a 39 PE and the PEG is even worse. It gets a premium as a safe haven so people still buy it. I don't want to argue individual stocks though.

Good Luck,

Lee