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To: Boplicity who wrote (9259)1/25/2001 4:02:56 PM
From: techguerrilla  Read Replies (1) | Respond to of 13572
 
I'm with you, Commander

I think you're spot on regarding NTAP's volatile trading range: 40 to 70. (Possibly more like 45 to 75.) NTAP's seeking out that "triple bottom." It's eventually going to be a "buy," though, Greg.

Look for instance how BRCD is not getting crushed today. The storage sector, in general, is rather healthy, even with its high PE's.

These are the PE's I'm following, as of right now: NTAP--260, BRCD--379, SEBL--320, JNPR--316, and CIEN--375.

I realize this "basket" is not a sector, per se. But it represents a solid group of companies I'm following that are giving me a good idea of the nature of the current tolerance of high PE's. Such tolerance is clearly returning to the market slowly but surely.

/john