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

To: JC Jaros who wrote (36109)	10/4/2000 2:37:09 PM
From: High-Tech East	Read Replies (1) \| Respond to of 64865

<<What historical measure are you using to determine that "high p/e" stocks are bad to hold?>> ... somehow, I have not been clear JC ... I do not object to holding high P/E stocks ... in fact, I one-hundred per cent agree with what you have just said ... ... however, holding any stock when I am quickly expecting a major correction (or even crash) to be probably followed by a recession leads me to think that I do not want to hold any equity (unless it has very special conditions attached to it) ... I especially don't want any high P/E stocks right now, because if/when real fear sets in, they will get totally killed ... obviously, just my opinion ... Disclaimer: The above is my personal opinion. I recommend that you do not base your investment decisions solely on any one person's views or analysis (including mine). Do your own research and take personal responsibility for your investment decisions. Ken Wilson