SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The New Economy and its Winners

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Fowler who wrote (5315)2/10/2001 6:25:18 PM
From: 16yearcycle  Read Replies (2) of 57684
 
IMO, this is all about adjusting multiples down on growth stocks. I have now been at this long enough to have seen 50% growers that sold for pe's of 25 or less, and also sold for pe's of 150 or more. So an investor with a strong leaning toward growth has a huge problem: 50% growers are selling at pe's of 50 still, and they can get cut in half again, easily.

So in a nutshell, do you buy something with a future value of $200 bucks that is selling at $100, when it may well go to $50? Tough call. I say you mix it up, but it is an individual decision.

One thing is for sure: stay focused on making money, any way you can. Don't get distracted. I find it amazing that I can pretty clearly lay out an argument of what I think is going to happen and why and what I think a good plan of attack is and get a comment back that indicates I have been completely misunderstood. For about three months now I have been slammed for being a bear or a bull sometimes in the same day. I am starting to revel in it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext