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To: Joe S Pack who wrote (14854)5/5/1999 11:35:00 AM
From: MulhollandDrive  Read Replies (1) | Respond to of 41369
 
I think you should take Trader C's comments to heart. I'm not a day trader and usually have a 2-3 year time horizon on the stocks I own, but it's pure nonsense not to read the handwriting on the wall when it comes to selling stocks with unsustainable pe's. Absolutely the market will pay a "premium" for growth companies, but once the perception is established that the competitive landscape is changing, you can kiss those lofty pe's goodbye....JMHO.

bp