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Gold/Mining/Energy : Gold Price Monitor
GDXJ 89.99+2.8%Nov 5 4:00 PM EST

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To: The Barracuda™ who wrote (50158)3/7/2000 10:16:00 PM
From: Zardoz  Read Replies (3) of 116752
 
Look at the balance sheets of the tech stocks and tell me what that means.

Yeah, look at them. Then compute the growth rate of say a Cisco with the growth rate of an NEM. Then compare the margin of production, mark up etc. And if you do, you may soon see that some/many of the high techs are undervalued.

quote.stockwatch.com PE: 186.47
quote.stockwatch.com PE: 146.66

Look very closely. if CSCO is over valued, what about NEM?

Hutch
PS: Cisco is actually in a deflationary industry where technology pushes on margins. But growth out paces tehnology.

PPS: You guys make this too easy. Maybe it's because your understanding of what drives markets is flawed. Let go of the pass, embrace the NEW BORN BULL MARKET.
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