SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio Candidates

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: StockHawk who wrote (33767)10/25/2000 12:53:06 PM
From: limtex  Read Replies (3) of 54805
 
SH - , I would not be a seller, and may do a little buying. Remember MU only a couple of weeks ago.

SSTI now $21 mangement expects $2.8 or so next year P/E apprx 8. Thats where we're heading but not as a result of a planned reduction in P/Es, thats just a by-product imho, becuase the NAZ is broken. Nobody particularly interested in buying only to get a haircut a day or so later al la SDLI with a fantastic annoucement last week and now a disaster through no fualt of its own. The risk reward ratio is so skewed as to make buying stock ludicrous.

This is what happens in a panic. Many people have warned us about it and now its here and it isn't nice to be in the worst market crash in history.

Best regards,

L
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext