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Technology Stocks : WDC/Sandisk Corporation
WDC 200.46+6.8%Jan 9 9:30 AM EST
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To: Zeev Hed who wrote (18650)1/26/2001 2:35:33 PM
From: Trader X  Read Replies (1) of 60323
 
Now vs. 1929

Important facts to remember when comparing valuations today vs. 1929, in the past dividends were far richer than today, in fact they are almost non-existent today. Sans dividends the average stock should have a higher market cap. other facts are growth rates which reflect higher global trade by american companies. In short, it's a different world today. but I agree that there is going to be a period of bottoming for the next 6 months that alternates between bull and bear.
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