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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: jef saunders who wrote (15945)4/9/1998 4:53:00 PM
From: Lazlo Pierce  Respond to of 94695
 
Jeff one cannot compare a phenomenon momo co like Yahoo to a HUGE established company like LU in terms of P/E. In that case why can't MSFT sell for 500. Pick a # any number type buying. Yahoo at some point will come back to earth. Don't know when, but... As for LU, when a tech hardware co., gets as big as LU is, generally the P/E contracts some, LU has had a nice run, and will be OK, but it too is overvalued (relatively), and at some point will come back.

Dave