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To: edamo who wrote (116337)4/11/1999 9:50:00 PM
From: Stefan  Read Replies (1) | Respond to of 176387
 
Should I buy lottery ticket because some one has "achieved" and won the jock pot?

You are right I don't get it when people think that companies can grow for ever.

You think DELL will go higher and I think it will go lower and that is what makes market. I believe once the crowd wakes up from this mania then the rewords will be great for shorts.
Banks had a P/E of less than 10, GM and Ford had P/E of 6 but now every big cap is a GROWTH company never mind the oversupply.