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Strategies & Market Trends : Rande Is . . . HOME
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To: Wayners who wrote (46677)2/5/2001 6:51:40 PM
From: American Spirit  Read Replies (1) of 57584
 
I would say that's very good news. But you wouldn't know it from the way the SUNW stock has been acting. Makes me think it's very oversold. At 46 PE (down from about 100 PE) it's certainly a reasonable buy at least. I've really been surprised the way investors have under-estimated SUNW, CSCO and the like. Esp as they've offered guidance and the stocks are no longer selling at high multiples. People often forget that even though the dot-com craze blew up, the internet and computer revolution is still booming around the world, especially outside the US.
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