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To: Skeeter Bug who wrote (50358)3/10/1998 12:32:00 AM
From: Fred Fahmy  Read Replies (1) | Respond to of 186894
 
<fred, 5% growth is not good for a company with a 25-30 pe. >

All growth companies go through periods of stagnation from time to time. Several years ago, INTC had back to back years of no growth. Would you have suggested that the fair price for INTC was 0 back then? Are you saying that very profitable companies that are not growing at all for one year should be valued at 0 because they aren't growing for one year. I'm not saying that GTW wasn't or isn't overvalued and I never said that. I haven't been in any of the box makers since I doubled my money on MUEI and sold. IMO, anytime a company beats what WS is expecting by 31% that is a good quarter. It's earnings relative to expectations that move stock prices quarter to quarter. In the long run, absolute earnings will tell the story and in the long run GTW's results have been outstanding.

<5% growth.....is great for company near bankruptcy>

O.K. if you want to be ridiculous go ahead.

BTW, aren't you one of the great MU gurus who has been predicting MU in the single digits for about 3 years now <GGG>. Oh well, you were only off by a few hundred percent for most of that time.

FF