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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Tri Bui who wrote (116558)11/12/2000 6:00:02 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
The Three Tower Next to fall?:
Among the few super-high-multiple stocks still left standing are Siebel Systems, Veritas Software and BEASystems. Siebel and Veritas
command around 200 times projected 2000 profits, while BEA fetches
over 300 times estimated 2000 earnings. Judging by what's happened to
Broadcom and its brethren, it may be only a matter of time before this
trio succumbs.

-- One can quibble with the valuation of some of Cisco's leading
suppliers, but at least they generally possess some important
technology.