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.

Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: kodiak_bull who wrote (4234)	5/7/2001 2:35:52 PM
From: Gottfried	Respond to of 23153

kb, to be posted on the wall >P/Es are very useful for cyclicals, but only if viewed very carefully and, generally, counterintuitively.< Gottfried :)

To: kodiak_bull who wrote (4234)	5/7/2001 6:28:27 PM
From: Libbyt	Read Replies (1) \| Respond to of 23153

>Cyclicals operate on a different system than "normal" companies.< I appreciate your feedback, since this is an area that I have not followed extensively. With the emphasis on California's energy problems, and buyouts of smaller energy companies.....maybe some of "the normal rules" for evaluating cyclicals might be somewhat altered? IMO there might be more potential buyers of energy related companies due to the emphasis of the "crisis" that seems to be effecting our state. Today on the radio they were mentioning our Stage 2 Power Alert...calling it "Spring Training" for the coming summer months. People do seem to react to the power alerts, and consciously try to reduce their power use. One office manager went a little too far when she unplugged the office coffee pot....but most are willing to make some sacrifices.