Wind River going up, up, up! Message Board

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Technology Stocks : Wind River going up, up, up!

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To: Carol M. Morse who wrote (10143)	10/9/2002 1:23:21 AM
From: lkj	Read Replies (2) of 10309

Hi Carol and all of the old timers, I agree with you that there are a lot of cheap stocks. While it's hard to call a bottom, it's rational to call the market undervalued. Never thought WIND would be trading at $2, but neither did I expect companies to have future PE at the 2 to 5 range, which is happenning to some of the utilities companies. In case you care, based on future cash flow of the S&P, the current valuation is discounting it with a 5% market risk premium, which is on the high end and shows that the market is undervalued. Isn't life more meaningful when money means a lot more to us than before? Best regards, Khan

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