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Strategies & Market Trends : Rande Is . . . HOME

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To: $Mogul who wrote (41424)	11/15/2000 4:50:53 PM
From: Rande Is	Read Replies (4) of 57584

$M, Do you think that lower earnings for the coming quarters are not already priced into this market? If not, then where would you say we should be on the Nasdaq to brace for slightly lower growth than calculated during the dotcom mania? 2700? 2200? 1800? I believe that the reason so many of the best tech stocks are at PE ratios they haven't seen in many years. . .is that the future slower growth is already priced in here. Right where we are. And I further believe that we have been in the process of putting in a bottom, from which some stocks could continue making gains. If you have doubts that some stocks are actually doing well, take a look at our Phoenix plays. There are several doubles in there since we first put it together. It is all in ones perspective. Half full? Half empty? I say half full. Rande Is

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