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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: smolejv@gmx.net who wrote (4830)6/12/2001 1:01:37 AM
From: pezz  Read Replies (1) | Respond to of 74559
 
Hey!!! I said I don't think it's going back to eighty. That don't mean I think it's gonna go down from here. Might wander around high teens to low twenties .......I dunno what the hell it's gonna do. Maybe in ten fifteen years see eighty again maybe be bankrupt . Who knows. But IMO the glory days are over.



To: smolejv@gmx.net who wrote (4830)6/12/2001 1:14:53 AM
From: pezz  Read Replies (1) | Respond to of 74559
 
DJ I can live with PE's of 100 any day inna small or mid cap. They have room to grow. Mostly I think PE's are not relevant as long as there aren't to many shares outstanding. CSCO had high PE's all the way up, didn't hurt it. But ya can't grow exponentially forever. Companies mature. IBM has done that. Had it's day in the sun . Now it's an old low PE slow grower.......Happens to us all.


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