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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (15688)4/11/2001 9:36:59 AM
From: velociraptor_  Read Replies (3) | Respond to of 37746
 
Joseph of SSB is nuts. Motorola is not an isolated incident and he is obviously ignoring the fact that this quarter will suck and the next looks to suck even more. Motoroal saw another loss for next quarter and companies are still warning.

In fact, the Nazdaq Comp P/E is now higher than it was back in January of last year (see link) because of the drop in earnings. So...now we have a market even more overvalued than it was in the past, and the near future does not show any improvement. I would hardly call this a buy zone.

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