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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (1076)	10/25/1999 7:22:00 PM
From: marginmike	Read Replies (1) \| Respond to of 19219

I sugested a stock to JT called Imnation IMN. I think it would fit that mode. As crazy as it sounds I think QCOM is still a reasonably priced stock considering its growth. Do not overlook that many highfliers might not crash but go sideways until valuation's catch up. There are others that have already been beat up. A good Example is SNDK, it aint cheap but it selling equal to its growth has a great balance sheet and has orders backed up for another three quarters. It is off 40% from its high. If you remove CSCO, SUNW and a few others the overall market valuation wouldnt seem so overdone.