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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?


To: Rob S. who wrote (11012)11/30/2000 11:28:09 AM
From: Don Edgerton  Read Replies (2) | Respond to of 11555
 
Interesting phenomenon. Market will pay a PEG of 3 for LLY but won't buy IDTI with a worst case peg of .5 to .7. Same with the high PEG on utilities. MO and TYC seem appropriately priced.

THis too shall pass.



To: Rob S. who wrote (11012)11/30/2000 2:49:18 PM
From: Chisy  Respond to of 11555
 
Here is Don Wolanchuk's attitude of the market stolen from his board on RB:

"...that 4 yr cycle low will be a headache....and wat the hey is a headache...but the naz has every body focused on 2500 as key support...fibonacci studies suggest 2300 is the target from there the wave structure wud still be set up for a 3rd wave melt up...this is classic bull market action....as the boyz are shaking the tree real hard for inventory....in 1991 the dow went sidways for over a year and in early december a very ugly shake out took place then it went straight up....."

Just another opinion.
Enjoy,
Chisy