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


To: sunfish who wrote (4614)4/4/2001 9:16:47 AM
From: JakeStraw  Read Replies (1) | Respond to of 6784
 
sunfish, There's a good chance that could change soon. :^)



To: sunfish who wrote (4614)4/4/2001 10:03:42 AM
From: David E. Taylor  Read Replies (1) | Respond to of 6784
 
Sunfish:

Bloomberg should have qualified that report to say that it only applied to stocks that had a measurable positive P/E. All those Nasdaq stocks for which the "E" is zero or negative have a P/E that is usually N/A = "Not applicable because it's infinite or negative". Palm (the stock) would be better off right now with a "loss expected for 2001" and it wouldn't appear on such P/E lists at all. A more meaningful tabulation would list all stocks by P/E from the highest positive to the lowest negative, with the zeros in the middle. PALM would be nowhere near #2 on such a list, probably near the middle.

David T.