Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?

To: ProfitnRich who wrote (1417)	7/10/1998 6:02:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 4509

But the water is never clear. Investing is an exercise in discerning the future, and the future is never obvious. Only the past is obvious. But this company is better than most because they seem to be constantly providing guidance to "analysts". TTFN, CTC

To: ProfitnRich who wrote (1417)	7/11/1998 11:58:00 AM
From: LLCoolG	Read Replies (1) \| Respond to of 4509

Profit, That was my opinion last year. This company has been kicking tail for about 7 years now. If they miss the number, yes, it could conceivably go to 35-40, but I doubt it goes less than that. That would put the PE at around 65, equal to the "slowing" growth rate. But everything else that consistently delivers usually gets a premium. That's why I am comfortable with this stock and its 85 PE, at least for the time being. And stocks that have appreciated as quickly as this for seven years generally don't end within a 3-4 month time frame. The Street will goose it one last time before they abandon it, if this is in fact the end. So your point seems rather poor to me. G