Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: Crimson Ghost who wrote (21851)	7/27/2001 3:21:10 PM
From: westpacific	Read Replies (1) of 30051

Semis trading at 40/50/60x's earnings for next 2 to 3 years out. DO you really think we have seen the bottom! NOT EVEN CLOSE. Average PE of S&P now 31.50. Companies slashing dividends. See you well below 9400 and 1600 sometime next year. West

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