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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (42054)5/14/1998 12:23:00 PM
From: jef saunders  Read Replies (1) | Respond to of 176387
 
** ot **

LT, the market is not so bloated as you think.
consider that we have:

a) low energy prices. every day that passes by, savings
at the gas pump are pumped into the economy, eventually
into corporate profits.

b) low interested rates, claimed to be high now relative to
inflation.

c) no inflation

the longer this goes on, the more corporate earnings go up,
and the more p/e ratios go down. thus the higher p/e ratios
are justified.

i read last week that few living americans have seen such
a time of prosperity. so this time now is better for the
stock market that any other time YOU have ever invested.

further all the instabilities in the rest of the world, and where
would you want to put your money? in the u.s. market.

i asked you before, what p/e should dell be selling at today?

respectfully,
jef