Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (15568)	8/17/2001 11:54:56 AM
From: TechTrader42	Read Replies (1) \| Respond to of 52237

It was a reduced estimate of already lowered estimates (May's warning). The CFO apparently said that demand remained soft and there were signs of weakness in Asia and Europe. That's what I gather, anyway. It's not as if it had a reasonable price to begin with, based on its P/E and outlook. I know, I know. The P/E is irrelevant. Fundamentals are irrelevant. It might not be the kinder, gentler, cuddly bear market that the ostriches were hoping for. Paul has posted plenty of good notes putting the whole thing in historical perspective. It shouldn't come as a big surprise. But who knows? Look at GTW's chart.