Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: BigBull who wrote (62116)	3/14/2000 1:12:00 PM
From: Think4Yourself	Read Replies (2) \| Respond to of 95453

Maybe it will be earnings, cash flow, fundamentals?? Nnaaahhhhh!

To: BigBull who wrote (62116)	3/14/2000 1:15:00 PM
From: Winkman777	Read Replies (1) \| Respond to of 95453

BigBull, I started first stage of buying back a little FLC (16.25) and HAL (37.125). OT: I forgot Day trader lesson #1, namely sell on or before closing. Holding some leftover WMI at a loss. My mother told me not to play with garbage. Think I'll stick to fishing or Las Vegas style Solitaire. Good luck all. Winkman

To: BigBull who wrote (62116)	3/14/2000 1:29:00 PM
From: ronayre	Respond to of 95453

Big boy HAL is appearing to turn now. 7,555k $ flow in and about $28,000 value on the ask $20,000 ............ bid at present and just blasted through $38.

To: BigBull who wrote (62116)	3/14/2000 2:17:00 PM
From: upanddown	Read Replies (1) \| Respond to of 95453

Can't imagine these nutball tech stocks have much gas left in the tank. Bull, looking at the amazing chart in yesterday's WSJ, I absolutely agree. It shows the PE's for the S&P 500 techies vs the S&P 500 non-techies for the last ten years. We always hear how the S&P 500 is selling at historically high PE's, right? Well, not exactly. For the first five years of the 90's, non-tech in the 500 actually had a higher PE than tech in the 500 but not by much. In mid-decade, tech inched ahead but not by a lot, never more than 5 points until the correction and turn in late 98. Since then, the divergence has exploded. S&P 500 tech now sells for approx 42 PE while S&P 500 non-tech now sells for approx 13 PE. The non-tech portion of the index now sells for the LOWEST PE's since 1990. It just makes me more convinced than ever that there is a huge shakeout coming in tech and it doesn't have to be accompanied by non-tech falling apart since that sector is already within its historical range of reasonable value. John