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Technology Stocks : Semi Equipment Analysis
SOXX 306.040.0%Dec 26 4:00 PM EST

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To: Return to Sender who wrote (6871)11/13/2002 8:37:04 PM
From: Lizzie Tudor  Read Replies (1) of 95639
 
There are lots of technology stocks trading for sky-high PE's that are at half cash levels, some are even cash flow positive. I think this is skewing the PE valuations on the S&P. The other problem is artifically low revenue levels from the networking side. I don't know if this time around we're going to get the traditional low PE from prior troughs, if it means tech stocks will need to trade for 1/10 cash. Jmo.
Lizzie
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