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Gold/Mining/Energy : TS TELECOM (www.tstelecom.com): ASPIRING TELECO

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To: John Trudeau who wrote (1677)9/27/2001 10:25:23 PM
From: Ciao  Read Replies (1) of 1762
 
JT, good play on words on missing the BOWt.

I don't see any bargains out there, PE's still high although the lower interest rates are said to support a higher PE. But, PE of SP500 is still about 24.

The only bargains I see are companies with cash and trading significantly below cash value, and burn rates low enough to see the companies through next 2 to three years.

About a month ago I nibbled and bought some US Nasdaq stocks based on article in Stockhouse. LNTE, VNWI, and VCNT. Besides that, I haven't bought squat. Like yourself, we'll have to wait for the war to start and late November. Will there be much of tax loss selling this year, seeing there are few capital gains to offset?

Cash is king again.

GLTU

Ciao
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