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To: Eric S. who wrote (31388)2/27/1998 5:43:00 PM
From: Chuzzlewit  Respond to of 176387
 
Eric, I don't know. As I've indicated to Reginald on this thread last week, I don't believe that there exists an adequate valuation model for growth stocks. Furthermore, the premium given to software houses for growth is substantially higher than that given to boxmakers, and the discount is absolutely huge in the oil service sector where 50% growth companies are priced at p/e's of around 15. Go figure.

Regards,

Paul



To: Eric S. who wrote (31388)2/27/1998 6:32:00 PM
From: Sig  Read Replies (1) | Respond to of 176387
 
Eric:
I would interpret this chart as typical head and shoulder
formed in the lower left, followed by a seldom - seen long right arm
holding up a sword at a steep angle.
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