Table: Still Sizzling
Software is one of the hottest tech markets, but beware of overvalued stocks. Best bets: companies riding the client-server and Internet waves. Stock Recent P-E Est. 5-year price ratio* earnings growth** ADOBE SYSTEMS (ADBE) 59 1/2 22.8 19.0% INFORMIX (IFMX) 30 1/8 31.0 29.7 ORACLE (ORCL) 41 7/8 30.7 33.0 INTUIT (INTU) 89 1/8 59.8 NA * For fiscal year ending 1996 NA=not available **1995-2000 annual rate DATA: BLOOMBERG FINANCIAL MARKETS , ZACKS INVESTMENT RESEARCH
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