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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

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To: pat mudge who wrote (2585)8/18/2000 12:27:30 AM
From: Wyätt Gwyön  Read Replies (4) of 3951
 
What Investors See in the Cienas of the World
thestreet.com

But Bollinger warns investors off from what he calls "the contrarian trap," where someone will exclaim something like, "Even if they grew at the current rate they wouldn't come to a normal P/E in 12 years!"

"That's wrong-headed," says Bollinger, "because what you're trading on here is perception, not growth."
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