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To: Tracey R. Lanthier Jr. who wrote (600)2/5/1998 10:53:00 PM
From: IRA ZOHN  Respond to of 801
 
Read your reply #496 and you will know what to do.



To: Tracey R. Lanthier Jr. who wrote (600)2/6/1998 10:49:00 AM
From: Leslie S. Feinberg  Read Replies (1) | Respond to of 801
 
Tracey: What about all those new associates? I wouldn't bet against this company, even in the short term. Anything can happen here.
Les



To: Tracey R. Lanthier Jr. who wrote (600)2/6/1998 4:35:00 PM
From: Leslie S. Feinberg  Respond to of 801
 
Tracey: Thinking about this 50:1 PE. It seems enormous, but if the revenue and profit continues to grow at the rate it has for the past couple of years by the next report the PE will be in the 20-30 range if the price stays at about 45. With a company demonstrating this fantastic growth rate a high PE is not unreasonable, unless there were some reason to anticipate an end to this rate of growth. I don't see such an end at this time.
Les


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