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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: baggo who wrote (116970)11/19/2000 8:26:20 PM
From: Jenna  Read Replies (2) of 120523
 
Valuations are still sky high. No one called SDLI the blimp down exactly to 60, we are really into other blimps but we enjoyed that one as a 'side order'.. a smorgasbord together with the others. You exaggerate the power of a public bulletin board where posters are novices like you and don't know what weight to put on posts. At least we give the facts here and don't put down lists to buy but react on fundamentals we feel are exaggerated and analysts upgrades and price targets that are downright criminal

We saw a slowdown brewing and if you didn't see it, that's too bad. We don't think its over yet. When growth is slowing and profits are slowing and cash flow is slowing you can't have triple digit multiples, and this truism will more than likely continue through 2001.

We called the downfall of the oil service, tech sector and even the internet sector on this thread and if you think we caused the downfall by calling the high prices and absurd valuations than so be it. Common sense is what we are guilty of and called JDSU short at 114 and not living like ostriches with our heads in the sand like many investors.

Denial is a problem that might stem from something not covered in a financial bulletin board. There are other help groups and support groups for those kind of problems. You might want to move onto another media.

We did well with our short plays and will continue going long and finding safer havens stocks in financial and pharmaceuticals and very carefully select tech.. where bad news is the norm and stocks move up only on a day bad news is contained for a while.
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