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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: cfimx who wrote (35863)	9/29/2000 9:39:15 AM
From: High-Tech East	Read Replies (3) \| Respond to of 64865

<<I've never seen anyone so excited to see the p/e of a stock they own be at 107>> ... hi twit, old buddy, old pal ... for perhaps the first time, we agree ... SUNW worshippers had a golden chance to sell into strength yesterday, but instead, they were busy celebrating ... ... take a look at the new "Business Week" (out last night) - cover story, "Special Report: The Next Downturn" - I printed it out, but have not read it yet ... ... don't know how much you can read of this without being a subscriber ... businessweek.com Ken "the bear" Wilson

To: cfimx who wrote (35863)	9/29/2000 12:47:38 PM
From: Prognosticator	Read Replies (1) \| Respond to of 64865

Well, OK then twister, since no one here seems to know what a P/E ratio is, except you, I'm going to try and figure it out empirically. You said: I've never seen anyone so excited to see the p/e of a stock they own be at 107. <G> So this means that a low P/E ratio is better for holders of a stock? Wow! Microsoft stockholders must be ecstatic that their P/E ratio is 1/3 that of SUNW. Hey thread! What can we do about getting our P/E ratio back below Microsofts? Should we raise this issue at the November shareholders meeting? I personally want to know what Scotty is doing about this travesty of a P/E ratio. I personally prefer stocks who's P/E ratio is greater than their price: don't ask me why, I just do OK. This strategy has done really well for me, especially right after a stock split: in this situation I find a whole load of stocks whose P/E ratios are higher than their prices, and I load up! So whatever a P/E ratio is, I'm really all for them. P. <blah blah blah, not investment advice, blah blah blah>