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To: Oeconomicus who wrote (130007)8/13/2001 2:03:31 PM
From: H James Morris  Respond to of 164684
 
A lot of the new leaders seem to be in health care.
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To: Oeconomicus who wrote (130007)8/13/2001 10:34:45 PM
From: Victor Lazlo  Respond to of 164684
 
<<CSCO, in particular, is trading at a multiple of two years forward earnings estimates that would be high if were a trailing multiple. Either the street is WAY underestimating the earnings rebound over the next two years, or the stock needs to be in single digits. >>

R.D., investors just keep propping up CSCo because it's CSCo. Like they keep propping up AMZN beccause it's AMZN.

I've debated with Glenn about brand value -well this proves that brand value, like cockroaches in Antartica, is alive and well- these co's are trading at multiples of what they are really worth.
Victor



To: Oeconomicus who wrote (130007)8/15/2001 8:57:13 PM
From: craig crawford  Read Replies (1) | Respond to of 164684
 
>> but it's about as hard to be a contrarian (bull) here as it was to be one (bear) two years ago. I gave up then - not this time. <<

you are sadly mistaken if you think being a bull means being a contrarian!