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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 140.23-8.9%Nov 20 3:59 PM EST

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To: tom pope who wrote (2977)4/13/1998 6:16:00 AM
From: Z Analyzer  Read Replies (1) of 9256
 
<<I don't think that 1X book is meaningful unless an adjustment is made for the
extraordinary expansion in price to book ratios since 1991 (the comparison year
used by Munson)>>
Tom, Your analysis makes sense although I think only the large cap areana has had a doubling of valuations-probably less for the vast majority of stocks that aren't market darlings. Also Quantum's DLT tape deserves special consideration.
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