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To: Ibexx who wrote (51416)4/15/2001 4:56:29 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 77399
 
Ibexx,

i agree, he's saying something pretty simplistic--calculating how long certain issues would require to reach their old highs based on S&P avg. return of 11% since 1926. more interesting would be what prospective returns are, and the valuation question was not broached. it is certainly hard to judge values in a week where the average tech-stock fund gains 20% (!)--their best week in 15 years. amazing.

thestreet.com
Tech Funds Notch Best Week in 15 Years -- Let It Be a Warning