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Technology Stocks : Network Appliance
NTAP 94.13-9.4%3:59 PM EST
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To: Jacob Snyder who wrote (8591)6/28/2001 3:49:21 PM
From: thesmay  Read Replies (1) of 10934
 
Jacob,

It seems to me everyone is talking about valuation going forward like the last 15 years never happened. Why do you think valuations will stay low even when the economy starts firing on all cylinders? NTAP has always had an extemely high p/e as did CSCO and a host of others, not to mention the companies that didn't have earnings. Curious to your answer, I've read your posts on different threads and value your opinion. It seems to me that when things are good or bad, people tend to overreact on both sides.

TIA
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