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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (63075)11/20/2000 8:57:55 PM
From: If only I'd held  Respond to of 122087
 
Don't have enough money to play 'em all. But some of the bios do indeed have a lot of fat on them. Looking at my watchlist, it appears the sector got pummelled pretty good today. Told Marshall to start plucking them off the other day in a chatroom. Just didn't do any of them myself. My mistake I guess.

I hope to see CIEN much lower. P/E is down to about 850 now, maybe 900. That's stupid. I thought a P/E of about 100 was a nice reward for a fast growing company. Whatever happened to that? <gg> Nice change of pace to see an analyst downgrade a stock BEFORE it's trading at 2 down from 200.