great time to put your money to work? in puts do they mean? In NTAP, BRCM or AMCC or maybe SDLI? Why are they so vague? I still like JPM, FNM, TGH safer bets for a while.
From Wednesday October 4, 2000
To: Jenna who wrote (114564)
From: Jenna Wednesday, Oct 4, 2000 12:37 AM ET
Reply # of 116792
There will be many shorting opportunities as long as stocks like AVNX, GSPN, EXTR, JNPR,BRCM, SDLI are so inflated and ridiculous. We will be laughing all the way to the bank on these. Puts will be the way to go, allowing of course of a period or so of dead cat bounces. I said this before we shorted ARBA and this will go on through EPNY, FMKT and all the others. ARBA will end up the same price as AAPL
EXTR trades at a Premium PE Multiple of 223.8 times vs. the 75.8 X average multiple at which the Communications Equipment SubIndustry is priced.
AVNX Trades at a Premium PE Multiple of 1133.3 time, the 75.8 X average multiple at which the Communications Equipment SubIndustry is priced.
GSPN Trades at a Premium PE Multiple of 277.8 times vs. the 75.8 X average multiple at which the Communications Equipment SubIndustry is priced.
BRCM Trades at a Premium PE Multiple of 249.2 X, vs. the 30.9 X average multiple at which the Semiconductors SubIndustry is priced.
SDLI Trades at a Premium PE Multiple of 215.5 X, vs. the 30.9 X average multiple at which the Semiconductors SubIndustry is priced.
JNPR Trades at a Premium PE Multiple of 671.5 X, vs. the 65.3 X average multiple at which the Networking SubIndustry is priced
To: Jenna who wrote (114807)
From: DayTraderKidd Friday, Oct 6, 2000 1:55 PM ET
Reply # of 116792
<I still stand by my opinion that AVNX, JNPR, BRCM, CIEN and SDLI are overpriced blimps>
They have been some of the strongest stocks in all recent selloffs.
newp has been a great short for me lately |
