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To: Jibacoa who wrote (8187)3/14/2001 12:11:05 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Bernard:

Good analysis...

Nothing is more disheartening than seeing a great turnaround melt away...
bigcharts.com

The warnings are real... The shrinking in consumer spending is real... This naturally leads to a contraction of P/E's... That's what we are seeing... Just as we have excesses of overvaluation at the top, we also have excesses of undervaluation at the bottom... We are just scratching the surface for undervaluation... Nasdaq 1800 will most likely be tested...

Jim