iblaine - 12:00 am on Feb 1, 2006 (gmt 0) [edited by: iblaine at 12:12 am (utc) on Feb. 1, 2006]
>what is an acceptable P/E ratio, one that makes it smart to buy a stock?
By comparison Yahoo has a P/E ratio of 26 but it's hard to say this matters. MSFT has had its best performance at times when their P/E ratio was high. Fundamentally you would expect a company with a lower P/E to perform better. Search for P/E Myth for more info.
[edited by: iblaine at 12:12 am (utc) on Feb. 1, 2006]