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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Bosco who wrote (10207)1/12/2001 3:50:54 PM
From: Sabrejet  Read Replies (1) | Respond to of 30051
 
You make one point that justifies my position! When reality starts setting in, the multiple has to correct. It's when potential is unknown that we get these absurd multiples. The growth will continue but the industry will become more cutthroat, with margins being the first to drop.

And as well, this is indeed NOT YHOO but in terms of trader psyche, I think when it loses it's luster just a bit, it will fall hard.

Sabre!


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