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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: Sector Investor who wrote (17819)12/30/1999 9:53:00 AM
From: Greg h2o  Read Replies (2) of 42804
 
<<I don't think 11,000 on the DOW and 4,000 on the NAZ gets us close to that kind of bubble>>
i don't think comparing only on the price of the index, without looking at relative values is a worthwhile endeavor. i'd say the only worthwhile measure (due to differences in accounting practices) would be price/cash flow. also, when you consider the weighting of stocks in the indices, the NAZ has been lifted primarily by a handful of stocks....there are still some good values to be found beyond those stocks.
that being said, when the QCOMs out there fall, the rest will be going down with them....
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