SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: Jack Jagernauth who wrote (13290)10/22/2000 7:05:20 AM
From: Saul Seinberg  Respond to of 18928
 
Hi Jack,

Thanks for your reply. It has what I think what was the missing link for me; that is, the notion that calculations are based on the theory that fair value for a GROWTH stock is when the PE = the Growth Rate (earnings) based on estimates.

Actually, when PE = Growth rate, you get a PEG of 1 which is pretty conservative for growth stocks. That's not a bad position to take for the high tech flyers even after their recent slide.

Appreciate your response.

Saul... (at aim.enlightenment.com)