bob brown <.>

But you said those companies, at least boeing, was doing well. Which
is it?

jeff

<...>

Boeing is doing well. However, that doesn't mean that its stock is a
bargain. The real value of its stock is based on its performance and future
growth potential. I think the company Google is doing really well. But
Google is trading at a P/E ratio of about 45:1. That means, its stock price
is 45 times the amount of money it will earn this year. To me, that seems a
little high, so I wouldn't buy the stock. Likewise, I don't know if Boeing's
growth potential justifies is P/E ratio of 30:1.

My willingness to buy a stock is not based on whether or not I think a
company is doing well, but how much I think the stock's value will rise over
the long term.

Even though I think a company is doing well, it's stock may not be a
bargain.

Jeff

mike hunter

I would never use your convoluted logic as a basis for anything.


mike

jeff

Nor would I use yours. ;-)

mike hunter

Perhaps, people that only ever owned one or two Toyotas and as long as one
does not end up with one with the one of the engines prone to 'gelling, ' as
Toyota refers to its sludge problem.

In any event I was referring to new vehicles. When one buys a used vehicle
one can never know for sure how it was used, or abused, or whether it was
serviced properly or not.


mike