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Technology Stocks : LSI Corporation
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To: sea_biscuit who wrote (25080)7/12/2002 2:50:20 PM
From: Andy M.  Read Replies (2) of 25814
 
Dipy,

Where/when have I made this assumption?: >>>On the contrary, it is you who is making the assumption that just because the markets have been going down for so
long, they will have to start going up now.<<<<

If markets are valued on future earnings streams relative to current valuations, how can you say that stocks are currently overvalued unless you make assumptions about the future earnings streams, based on macroeconomic trends, etc?

Andy
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