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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (25749)4/13/2000 6:23:00 PM
From: MythMan  Read Replies (1) | Respond to of 42523
 
earnings don't support a triple digit multiple for a stock like KLAC.. or any stock for that matter. That thing gets trashed at the first sign of weakness. No way it sees 100.



To: Jorj X Mckie who wrote (25749)4/26/2000 6:08:00 PM
From: John Pitera  Read Replies (1) | Respond to of 42523
 
Hey Pretty good for a post from Thursday evening April 13th!!

Ahhhhh.....no. Not the low of the day. Bought at 70 and sold at 68. It will see 100 before it sees 9.

I am doing my best reverse-Luc impression and for the 10th day in a row, calling for a bottom tomorrow. I think that tomorrow is the day that they take the big boys out and spank them hard.
Similar to the 1998 scenario...once the big boys are beaten about the head and shoulders, everyone will say "hey, wait! those earnings were actually pretty decent, we had better buy those
growth stocks" and drive the market back up.

jorj, jorj, wake up, time to go to school....


Message 13419364