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To: GST who wrote (112330)12/1/2000 11:32:39 PM
From: schrodingers_cat  Read Replies (1) | Respond to of 164684
 
...not so long ago when INTC had a p/e of 11 and nobody was rushing to buy the stock.

Yahoo gives INTC current price to earnings of 25...gee GST returning to the old days would imply INTC getting cut in half...from here...probably along with the rest of the NAS. OUCH!!! Of course AG would never let that happen...lets hope we never see it.

BTW current PE on AMD is 6...and nobody is rushing to buy the stock.



To: GST who wrote (112330)12/2/2000 12:53:35 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Gst Inverted yield curves are rare. Never ignore them. They are always followed by economic slowdown -- or outright recession as well as lower interest rates across the board.

Long-term investors who bought bonds may have the last laugh. As for equities next year could be brutal as well. Much of the speculation has been rung out, however, i think at this point there is still great risk that equities could fall much more.



To: GST who wrote (112330)12/3/2000 11:18:53 PM
From: Hobie1Kenobe  Read Replies (1) | Respond to of 164684
 
GST - I couldn't help but go short RIMM at 76 3/4 on Friday and added to my KO puts. Lots of lousy earnings news just ahead. Best,
JF3