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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (5238)6/25/2001 9:21:24 AM
From: JHP  Read Replies (2) of 74559
 
ahh the arrogance of an assumuing Pezz!
On March 14,2000 Jeremy J. Siegel authored an article
in the WALL STREET JOURNAL
entitled "Big Cap Tech Stocks Are A Suckers Bet"
It had a list of unsustainable values large cap companies
with price/earnings ratios over 100!
1)Cisco Systems market cap $452 billion on 3/7/00
2)AOL/Time Warner market cap $232 billion on 3/7/00
3)Oracle market cap $211 billion on 3/7/00
4)Nortel Networks market cap $167 billion on 3/7/00
5)Sun Microsystems market cap $119 billion on 3/7/00
6)EMC market cap $130 billion on 3/7/00
7)JDS Uniphase market cap $99 billion on 3/7/00
8)Qualcomm market cap $91 billion on 3/7/00
9)Yahoo market cap $90 billion on 3/7/00
OK SMART ASS WHAT ARE THE MARKET CAPS OF THESE COMPANIES TODAY?

So pezz you owe Mr.Siegal a big SORRY and a smooch of his ass
and then try reading before mouthing off and displaying your ignorance.
john
from your dimwitted post
>>>Ahh, the arrogance of academia...Although outta their league they continue to apply science to what is an art.......Random walk ..........LOL<<<
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