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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Tommaso who wrote (894)11/25/2000 12:05:24 AM
From: Dan Spillane  Read Replies (3) of 74559
 
One needs to only look at the PEG ratios on various high tech and other stocks to see they are undervalued (i.e., trading at fractions of the growth rate). However, last spring they were overvalued on this same basis.

Further, some companies are experiencing accelerating growth and improved prospects, particularly those related to notebook and handheld PCs (triple-digit), and biotech.
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