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Strategies & Market Trends : The New Economy and its Winners
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To: Bill Harmond who wrote (11377)5/7/2002 8:15:03 PM
From: 16yearcycle  Read Replies (2) of 57684
 
Whatever. Who cares about qlgc or csco,(key hint: csco has sales incresing around 5% q over q, while their competitors are having huge sequential declines. How is csco different? Oh, wait I know; they get much of their sales from...enterprise. Gosh, maybe the networkers are way oversold....maybe they can start to turn things around and then when the telco's kick in it will be katie-bar the -door?...nah, I better get a grip)

Fascinating statistic from another thread that might help those who aren't aren't numerically challenged. The weighted ps ratio of the nas 100 is under 3.9. Three...Point...nine...Thats right. Well we have finally done it. Folks are going to look back on this moment and wonder what in hell they were thinking about. We went from 15x sales to 3.9x sales in 18 months. With sales contracting slightly. Coming out of a recession. With fed funds at 1.75% With the money supply growing at 10%. And the best part is there is a never ending supply of dumb asses who think the market is expensive. They are going to short into this mother for years.

I gather Biggs said something about a huge rally to commence very soon. In the ndx. He used the word "double." He needs to get a grip too. poor bastard.
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