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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (15948)	6/11/1999 11:01:00 PM
From: Trader J	Read Replies (3) \| Respond to of 56537

Max - I can't see why EBAY has fallen the way it has, it does have a reasonable P/E of just over 2600. TJ

To: LTK007 who wrote (15948)	6/12/1999 4:11:00 PM
From: Canuck Dave	Read Replies (3) \| Respond to of 56537

Say Max, I've been rooting around your posts. You don't think AOL is bottomed at 100, do you? I assume the Barrons article is bearish on Inets. Oh, one more thing... Why I like ATYT (T.ATY) 1. P/E 25. (IBM 33, HWP 30, SUNW 39, and SIII, a direct competitor is LOSING 2.45 per share, or a negative P/E of 2.8). 2. Revenues are expanding, and are expected to keep expanding. 3. Canadian stocks will start to get respect and attention very soon. TSE was only down 3 points yesterday and as a chart, it's looking like it might break out. Interesting article on stocktalk about a guy who buys stocks with low P/E's relative to their sector and holds them until valuations come into line, often for up to six years . I can't wait that long to make a bundle, but I like the odds right now. Biggest negative is that accelerator chip market is very volatile, but the company is offsetting this by diversifying. Caveat Emptor CD