SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Wind River going up, up, up!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Allen Benn who wrote (187)7/21/1996 1:13:00 AM
From: Andrew G.   of 10309
 
Allen:

Getting your insight into PE ratios is an education. My general
perception of PE's is that they probably have more to do with
Chaos Theory than Fundamental Analysis. At any rate, I do think
that market perceptions of what's "hot" and what's "not hot" can
have an awesome, if not transitory effect on the long term valuation
of a company's stock. For the past year or so (up until about May) CSCC and ASND were seemingly invincible. I don't think I saw them drop at all over the course of a single week. Their recent earnings reports were not just very good, they were awesome! But the market for
tech stocks is nose-diving and now they're "not hot" anymore. At least for the time being. Their current multiples are obviously down
but it has less to do with the recent earnings than market perception. I do believe investors will reinvest in these issues because they're is nothing in our economy or in these companies that
warrants such a "correction" on their admittedly high valuations.

Speaking of high valuations, I see that SYSF is on your "favorite" list. There is a chart expert "Jim Roof" who has been advising SYSF
fans on the SI thread for SYSF that this stock is doing a "head-n-shoulders" thing. Not good. I feel charting is a bit like
fortune-telling, but you may want to check out Jim's postings. I remaing long on SYSF.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News