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Technology Stocks : WDC/Sandisk Corporation
WDC 168.90+4.9%3:59 PM EST
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To: limtex who wrote (16032)10/25/2000 12:39:42 PM
From: Dale Knipschield  Read Replies (1) of 60323
 
Limtex,

Have to agree with you. The NEW conventional wisdom on Wall St. is that all tech stocks should be priced in the teens or the twenties. An occasional blockbuster will be allowed in the thirties.

Furthermore, all tech P/E's should be in single digits, since tech products are quickly outmoded, underpriced, and difficult to comprehend.

If you believe this, SELL. If you don't, HANG ON....reality will prevail.

Regards,

Knip
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