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.

Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: ralfph who wrote (49305)	4/8/2001 1:43:10 PM
From: Shaw	Respond to of 62348

Your reasoning seems sound to me Ralph. I have been doing some DD on some techs. A few of the NAS 100 are trading at 1.3X book and 3X revenues. Those are ridiculous valuations, yes, arguably as ridiculous as 200X revenues many of these were trading at a year ago. But, many of the larger caps are still trading at 10X revenues. If they get a similar haircut as some of the smaller ones, your 1190 may not be a shorters pipe dream. May come true, imho. No one knows, and I aint gonna bet on it by going short on the bigger caps, but anything is possible in this market, imo. Interesting to see if the Fed cuts on Monday or Tuesday and what it does for the techs. See what the week brings.