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Politics : High Tolerance Plasticity

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To: diana g who wrote (550)3/1/2001 3:34:24 PM
From: energyplay  Read Replies (1) of 23153
 
8 months to effect economy...

<Your statement is about the economy, Not the stock market, yes?>

I would expect the non-tech market to move before the economy - but I believe that tech will become a laggng
sector, and move AFTER the economy improves

Since a large part of tech valuation depends on earnings growth (PEG), earnings have to start going up,
not down for tech valuation to come back...

I think you are right, but most people don't see an end to the decline in profits for tech yet.
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