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Strategies & Market Trends : 50% Gains Investing

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To: JSB who wrote (20817)9/22/2000 12:17:07 AM
From: Dale BakerRead Replies (1) of 118717
 
At 27, RFMD is down near 10x 2000 sales, not a bad valuation. But the TXN and INTC warnings will put a huge cloud over chip demand going forward. Lots of grief to live with this quarter.

In general, I think folks are better off waiting until at least tomorrow afternoon when you see whether the market stabilizes or really tanks.

I doubt many tech stocks will bounce hard by lunch.
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