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Technology Stocks : PALM - The rebirth of Palm Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Crystal ball who wrote (4297)	3/19/2001 12:42:17 PM
From: Win-Lose-Draw	Read Replies (1) \| Respond to of 6784

Growing markets make deserving higher P/E I disagree with this unless you add the caveat "profitable". Growing markets only deserve higher PEs if companies servicing those markets generate higher earnings growth. Amazon should have taught everyone a very valuable lesson about not making profits in a growing market...at a triple-digit PE all that good news you cite is ALREADY BUILT INTO THE PRICE! Listen, the two of us obviously are not going to agree on $68 being a "reasonable" price for PALM given its current earnings, so rather than continually hashing this out and boring everyone to tears let's agree to disagree. 'K?