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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (105732)4/14/2000 7:22:00 PM
From: Mani1  Read Replies (1) of 1575184
 
Ted re <<These hifliers have P/E's from 50 to 100 now as opposed to 100 to 300>>

No not true. Go and check the list for yourself. Most of them don't have earnings yet and they say at a huge multiple of revenue. And some that have earnings sell at huuuuuuge multiples.

MSFT is the only one which is close to reasonable. INTC and DELL got PE's over 50 but not realy growing. CSCO got a PE of 165 and EMC is at 130! That is a JOKE! Now these names are the leaders, the bluechips. I think there remains a very significant downside, and a distinct possibility that they take the rest of the market down with them including AMD.

Mani
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