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

To: Mohan Marette who wrote (92139)	1/28/1999 10:33:00 AM
From: Lee	Read Replies (4) \| Respond to of 176387

Mohan,..Re:. based on next year's projected estimates the P/E ration of Dell should come down close to 40-45 range and AOL's should come down to 128 Mo, when the pundits talk about PE, I don't think they are taking into account another market dynamic in action lately and that is demand. Don't some of these high PE companies have very few shares outstanding? And in a fast growing new sector, wouldn't this distort ordinary measurement standards? Even apart from the fact that we prefer the CNPEG method, we should still be aware of the supply/demand situation. <g> Just another 2 cents, <g> Lee