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To: CPAMarty who wrote (11)11/8/1998 2:40:00 AM
From: LK2  Respond to of 1989
 
RE--Barron's PEG article. The PEG approach doesn't always work, especially if the projected earnings fall short, or turn into losses instead of earnings. So you have to take Wall Street projections (earnings and revenues) with a grain of salt. But the problem is, where can you get better data than what Wall Street gets? The simple answer, you can't get better data than Wall Street, unless you're living in dreamland, or think that Wall Street is populated by idiots.

Regards,

Larry