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Re: [sharechat] Proctor and Gamble

From:	"hugh webber" <hugh.webber@clear.net.nz>
Date:	Tue, 14 Mar 2000 21:13:38 +1300

But moimoi, it looks convincing until you realise there are no P/E or
dividend
yield ratios given. I don't know what they are but they may be the
explanation. If 
PG has a very high P/E based on high growth and a low dividend yield then
its logical the price would collapse if the growth rate halved even though
they're still showing a good growth rate and prospects.

cheers,
Hugh



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