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To: Captain Jack who wrote (11061)1/26/2000 6:50:00 PM
From: Scott Violette  Respond to of 13953
 
Although EGRP is (I hope)no longer associated with "Inuts" as you put it, I think that is a good thing. "Inuts" in my interpretation are fad, bubble, momentum, promising story, etc. stocks. Hopefully, EGRP has/will graduated in Wall Street's mind to a legitimate money making business versus the insanely priced Inuts stocks that SPYTRADER so often likes to point out.

However, I do not agree that EGRP will be grouped with the "financials", which are highly cyclical and deserve PE's accordingly. If they are grouped with "financials" incorrectly, I will continue to buy as long as their top line grows at the current rate.

Sooner or later, EGRP will be valued based on its growth rate and long term profit/account.