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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (79780)7/9/2001 2:35:11 PM
From: LTK007  Read Replies (1) | Respond to of 99985
 
<EMC is still one of the most dominant companies in tech land and at 26 PE now not the higher number you claim> rubbish AS--you are revealing you know twit about forward versus trailing earnings.The 47-1 is based on projected earnings of 46cents for 2001,and then it gets worst.
Beware all who go no deeper than YHOO trailing P/E--a good way to lose your shirt.max



To: American Spirit who wrote (79780)7/9/2001 2:51:48 PM
From: Dave  Read Replies (2) | Respond to of 99985
 
Aren't gaps down on large volume a sign of a breakdown? I would expect more downside here.


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