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To: Venkie who wrote (36997)6/1/2000 12:59:00 PM
From: Grandk  Read Replies (1) | Respond to of 42523
 
Yep. Which is why I havn't sold or covered. I expect a large melt up or down in the ST.

On a side note:
How can you justify VRSN, with a market cap of 17 billion on revenue of 100 million? A P2S ratio of 150, and next year's eps is .31c. Unbelievable. I don't see how anyone can consider these stocks 'buys' at these levels.



To: Venkie who wrote (36997)6/1/2000 11:51:00 PM
From: marginmike  Respond to of 42523
 
Yah SLOW growth Yippie, I hear thats great for increasing earnings!!!!!! NOT!

Venkie Slow growth and moderate inflation is your best case scenario, now instead of telling us why Naz goes to 4K, explain how that scenario will help equity prices..................................................................................Done? Yep your right it doest help them and with techs tradding on strong growth projections they have a lot of exposure. We rally into JULY then kiss your a$$$ goodbye. JMHO DA BEARS!