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To: TechnoWiz who wrote (13518)11/22/1997 11:34:00 PM
From: Sonki  Read Replies (1) | Respond to of 27012
 
wiz, brinker said that: Growth rate next year is 3.5(GDP) + 2.5 (inflation)= 6%. i m talking about total market index. valuations may rise a little due to low inflation. Though earning growth will
slow.

i wonder how market can trade at 21pe when growth rate is expected
to say 7-10% at max?



To: TechnoWiz who wrote (13518)11/24/1997 1:20:00 PM
From: Yaacov  Respond to of 27012
 
Wiz,

Thank you for your post. It was as usual very well balanced and informative.

Looking at at your favorite stock, I saw that you also like MSFT. The stock was at 150, but sincethen it has been at 130's for months going no-where! I wonder if MSFT to raise the share prices will announce an split in 1998! Any opinion?

Ciao!

Yaacov

Yaacov