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Technology Stocks : Full Disclosure Trading
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To: Jacob Snyder who wrote (332)4/26/2002 8:19:22 PM
From: Rick Storm  Read Replies (3) of 13403
 
Jacob, doesnt it worry you that although the fundamental seem better at present, that the tech stocks have fallen relatively more that the naz; this implies to me that even though the economy may be improving, the bear market in techs has a longer way to go. The valuations of qcom, altr.etc. are still high given pe, psr; It seems like the tech bubble is still in the process of unwinding; Why cant chips and equips follow telecom down? It seems that a true bottom in techs, should reflect a place of undervaluation. This does not seem possible if the naz only falls to 1400.
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