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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (97420)	4/16/2000 9:05:00 PM
From: westpacific	Read Replies (1) \| Respond to of 108040

Puff - we are not done, you cannot use previous valuations to say these companies are cheap!! P/Es of major technology plays, at least many of them are still way to high. Sad to say but I have to agree, the NAS has really blown it here - this could really kill the exchange going forward! To much trash allowed to go public in the past year - it never should have happened. The houses are getting rich underwriting these deals and the venture shops want to make the hugh dough as well. They have screwed it for everyone IMO! Do not use the previous bubble valuations to decide when to enter - if the NAS hits 2300, well then maybe it is time to do some fishing - until them this is a fools game!