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To: Investor2 who wrote (13117)4/11/2000 8:09:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 15132
 
Come to think of it, though, the P/E ratio is typically not very helpful in deciding when to buy cyclical stocks.

Well, semiconductor and semi equipment sector used to be cyclical businesses so far. But with the internet becoming such a big thing, this time it is different. The cycles appear to have been repealed. Etc. etc.