Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 689.10

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To: MeDroogies who wrote (25530)	8/20/2002 4:24:28 PM
From: uu	Read Replies (1) of 39683

I guess.... Now that I think about it, I tend to agree with you on your point on the P/E of 15 not being a valid measure to compare the current (or future) P/Es against. But then most companies ( at least in the high tech sector) have no P/E - period! As an investor I always look at P/S first before P/E. My level of comfort with P/S for the high techs varies (for semis it is between 2-3) -- anything above that and I feel like playing in a poker game and just relying strictly on my bluffing tactics in order to win! :) Incidentally, currently the only company in the semis that I feel worth investing is LSI Logic. Anyway..........

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