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Technology Stocks : Tekelec -- Ignore unavailable to you. Want to Upgrade?

To: lml who wrote (1450)	4/5/2000 9:15:00 AM
From: John Curtis	Read Replies (1) \| Respond to of 1648

While I tend to agree still, when you place these days market realities against the standards of just 10 years ago(when a PE of 30 was considered a risky proposition)....well....one could say damn near EVERYTHING, a goodly percentage of the "value" stuff aside, is standing on a Mt. Everest pinnacle of valuation. And with margin accounts at all time highs, indicating buying interest is straining at its limits, valuations also at their peaks, there's no where to go but?? So, from my standpoint it's time to look carefully for out of favor companies with strong fundamentals. And even with a PE grossly larger than days of old, TKLC appears one such entity, eh? Albeit I wouldn't necessarily consider it "out of favor..." Now let's see how the market plays out today.....as someone says on another thread....buckle UP! John~