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To: Proud_Infidel who wrote (43654)5/19/1998 10:23:00 PM
From: Patrick E.McDaniel  Read Replies (1) | Respond to of 176387
 
Brian, it is irresponsible to imply that a P/E is not relavent to any other stock performance.

A true measure of valuation is comparing the P/E of a stock to it growth rate in earnings. As long as the P/E is lower than a stocks growth rate many money managers feel a stock isn't over valued.

Saying" One of the lists you do not want to be on." doesn't tell the whole story.

Pat