Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Dave Gore who wrote (117024)	11/20/2000 1:13:12 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

CSCO had reached the low of the day. MUSE is no longer aMUSing but quite sorrowful to those long this blimp. We have been putting up MUSE's earnings multiples for the past 7 weeks as an example of this market's blinders... Everyone thinking these stocks deserve their triple digit prices, but of course you don't believe it until you actually are seeing the slaughter. MUSE, the MUSE is no longer an inspiration but has lost its poetic license.

To: Dave Gore who wrote (117024)	11/20/2000 1:41:41 PM
From: MrBuzz	Read Replies (3) \| Respond to of 120523

Why cite fundamentals when you are clearly trading the stock for a daytrade? All you care about is movement and price/support/resistance levels along with T&S/LII/LIII at that point. Fundamentals in a daytraders arsenal is extra baggage of rational/irrationalization, is it not? I don't think the P/E statement was misleading in any way. Although before the earnings came out, the P/E was 400+ as these sites show: quote.yahoo.com marketguide.com With a 7 cents EPS for last quarter, whats EBAY's P/E now? How about a "meager" 200+ p/e? Any analyst knows that EBAY still has a piggy P/E. And the 172% growth is a same quarter growth, not indicative of the historical trend. That kind of rationalization wouldn't have worked if you were long prior to today's open... Sometimes, one has to zoom out on historicals to see the bigger picture. My calculations show that EBAY's projected 3-5 year growth sits at around 48% a year. Given it started out at $5 a share roughly in 1998, maintain a 48% trend 5 years out projects fair price at roughly $37 in year 2003. Here's the math: 1998 $5 1999 $7.50 2000 $11.25 2001 $16.75 2002 $25.00 2003 $37.50 ----------- 2004 $55.00 2005 $82.00 2006 $120.00 2007 $180.00 Something tells me EBAY isn't worth $34 even after its dump.... Also interesting, notice today's high is roughly near 2003 "Buzz Estimates". Good luck.... MrBuzz whats-the-buzz.com