SI
SI
discoversearch

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.
Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: velociraptor_ who wrote (30110)7/6/2001 1:43:32 AM
From: Devin123  Read Replies (1) | Respond to of 37746
 
All I'm looking for is fair valuation of companies. To me a PE of >25 is still pump. When CNBC and the analysts say the economy will bottom and things will turn around, I believe that. But it doesn't mean every stock will. Where there are excesses, the ax still needs to fall. When someone says this is a great company with a great product and their future earnings look grrrrreat and therefore a PE of 70 or 170 or 3070 is justified, I say phooey... especially when competition is concerned... ala PALM vs. HAND... or AMD vs. INTC. The future "growth" of these companies is never guaranteed and the market slowly has a way of correcting excess... with or without the ANALysts hype.



To: velociraptor_ who wrote (30110)7/6/2001 9:22:46 AM
From: Softechie  Read Replies (1) | Respond to of 37746
 
Market has capitulated in April. Most people have gave up on techs but not for semis and networkers. Watch these sectors get the treatment and then we'll go up.