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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (18069)2/8/2001 1:47:10 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 24042
 
<font color=red>Top or Bottom? Barron's: Follow The Fed



The lazy man's guide to timing the market

Message 15295584

TA



To: JakeStraw who wrote (18069)2/8/2001 1:50:01 PM
From: FlameMe  Respond to of 24042
 
OT: Bollinger was referring to cyclical stocks whose earnings swing wildly and don't grow on a secular basis, so since we're talking about a growth stock it doesn't apply.

The P/E's on cyclicals are high when earnings have dropped to very low levels and the p/e's are low when earnings are great.

I think this agrees with what you're saying.

ross


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