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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (45011)4/4/2001 8:50:32 AM
From: michael97123  Read Replies (1) | Respond to of 70976
 
Another pre-bubble pattern I think we are going to return to: before a new company is ready for its IPO, it needs
to have 2-3 years of positive and growing earnings, so there is a track record (rather than just hopes and prayers)"


With big cap techs folks will begin to focus on future annual eps growth rates once "visibility" has returned. Cisco at 13 will be a joke if and when we recover. Looks like a flat opening today. I would be astounded if we do not at least get a try at a rally today. Again when a reversal occurs, big caps and leaders in their industries will lead the way. There is no premium left to give up so why not buy #1. The question is when the reversal?????



To: Jacob Snyder who wrote (45011)4/4/2001 10:41:54 AM
From: Gottfried  Respond to of 70976
 
Jacob, not only that >people have stopped using forward earnings in their PE calculations?< but trailing earnings are too optimistic to use for valuation.

G.