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

To: JRI who wrote (81465)	11/20/1998 9:05:00 AM
From: D. Swiss	Read Replies (3) \| Respond to of 176387

John, then how do you explain these internet stocks that have astronomical PE's or not meaningful PE's? :o) Drew

To: JRI who wrote (81465)	11/20/1998 12:07:00 PM
From: John Koligman	Respond to of 176387

Nah, no flaming from me! I was initially worried myself at the market's long term reaction to IBM's growth rate a couple years back, but apparently the market has decided that IBM is 'an exception' and is being rewarded accordingly. HWP, on the other hand, is not. There is one guy on the IBM thread that has been wringing his hands about this for some time now, but then who said the market always fits one's rational analysis?? Especially when AOL's market cap is creeping up toward 45 billion, and Yahoo's is 22B.... John