Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Brocade Communications Systems,Inc. (Nasdaq-BRCD) -- Ignore unavailable to you. Want to Upgrade?

To: pass pass who wrote (726)	2/21/2001 11:59:37 PM
From: Ibexx	Read Replies (1) \| Respond to of 1583

Let me share with you a different view. In the midst of a recession, P/E multiples could be - and should be - used as a contrarian indicator. The pros would tell you to start nibbling in a cyclic downturn when P/E values are the greatest, because it's a sure sign of market bottom. It could serve as a great timing tool if only investors are able to figure out when the P/E value (for a given stock) is at its peak, not at the nadir. Ibexx