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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (6913)	10/28/2000 4:33:24 PM
From: orkrious	Read Replies (1) \| Respond to of 30051

(after the wrenching start and the early spring decline), So the forecast has been changed and is not for the malaise to continue into Oct '01? Jay

To: Zeev Hed who wrote (6913)	10/28/2000 5:01:01 PM
From: Steve Lee	Respond to of 30051

In superbull scenario we could see a valuation for SSTI of current growth rate (100%) multiplied by annual earnings of $2.50. Of course this is best, best case and i would be foolish to use current earnings growth rather than anticipated earnings growth, but in times of excessive valuation, I still feel we could see this price. In any case, If it were the choice of buying SSTI at $250 (assuming the $1.90 guidance is conservative) for a 10 yr hold or AMZN at current prices, I would not buy the AMZN.

To: Zeev Hed who wrote (6913)	10/28/2000 6:14:50 PM
From: vampire	Respond to of 30051

thanks again