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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Doug who wrote (71627)3/9/2001 11:54:33 PM
From: brunn  Read Replies (2) | Respond to of 99985
 
I agree. My P/E's were backward-looking and for tech stocks will undoubtedly rise as earnings confessions proceed (unless stock prices fall quicker.) It is a sign of the times that technology stocks look better based on trailing earnings. It seems like only yesterday that everybody was using forward earnings to make their favorite stock seem cheaper.