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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Frederick Langford who wrote (17115)6/5/2001 2:23:31 PM
From: orkrious  Read Replies (1) | Respond to of 30051
 
I wonder how many people are aware that XLNX has a pe of approx 500?

I didn't look it up, but they are probably selling for 15x the run rate of quarterly sales.

The semi equips are even more egregiously valued IMHO. Their business couldn't be worse, and they sure aren't going to bottom before their customers.



To: Frederick Langford who wrote (17115)6/5/2001 3:01:08 PM
From: vampire  Respond to of 30051
 
Uhhh, you do realize that cyclicals aint like other companies in that they should be bought when P/E is high and sold when low ..

I'll let you figure out why