SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SGJ who wrote (18822)3/25/2005 3:28:28 PM
From: Lizzie Tudor  Read Replies (1) of 19219
 
What I don't know is if the market is ever going to assign the same type of values it did in the past to the new tech companies who are going to lead in this next wave.

well I would say the absolute answer to this is NO, but realistically 1000x PE ratios are not necessary to have another boom, after all we know how to make money on the internet now, so the big guys like google yahoo etc are just as profitable, OR MORE than msft in its growth heyday. In the bubble we had not much in the profitability area, and thats why the valuations were so over the top. IF this were 1999, GOOG with $5.50 in earnings this year would be $2K/share no kidding.

Anyway right now the growth premium in a lot of tech stocks is nonexistant. Some technologies are mature but lots aren't. For example brocade is selling at less than 2x SALES with 500mm in cash thats pretty amazing to me, obviously the mkt thinks these companies are mature, but I don't think they are. The last few years made it LOOK like tech as a whole was mature though.

You are in the chip area and seeing a rebound? Thats good news, I see growth in software. But we need chips to do well because that is a bigger area than my business. Marvell semi is moving into a huge marquis bldg in SV, that means they are selling a lot, all those bldgs went empty for years.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News