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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Rob S. who wrote (63355)	11/29/2000 6:05:20 PM
From: Bruce Brown	Respond to of 99985

The pigs are getting slaughtered while a lot of "investors" get their heads handed to them. Most investors don't need their heads for a few years as the various technologies progress through their technology adoption life cycles. The one 'pig' I referenced in my post now has seen their PE adjusted from over 500 to the mid 200's in the past three days thanks to a price drop and the latest quarterly report this evening. Revenue growth was guided up for next fiscal year to be 2.5 times this fiscal year. This for a company that has been conservative with their guidance. Still a rather 'richly' valued stock, but I will act accordingly for additional shares if the opportunity presents itself for more shares. BB