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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: baggo who wrote (6591)	4/30/2001 11:15:53 PM
From: American Spirit	Respond to of 52237

PE's are all out of whack now. When earnings suddenly STOP it makes it look like companies are priced to the moon when in fact they may have their entire market cap in cash, or close to it. You know the market's looking ahead now. Otherwise all techs would make shorts dreams come true. All those PE's will come back down to earth. NOVL's is 237 or something. LOL. But it's actually a cheap stock. Phenomenal. Just look at the market caps and do the math from there. That's how you tell the valuations these days.