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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Roger A. Babb who wrote (13326)9/3/2001 10:17:29 AM
From: zx  Respond to of 19633
 
here are some stocks with a price to sells of less than one, two and three. (-1,-2-3)
most are making money and have good profit margins.
(some of these stocks are stocks that others are interested in like Tom and so they are included.)

-1
ABTL
ALA
MONI
MWAV
PDII
ROHN
XETA
XING

-2
AMD
BBOX
CWP
DVIN
ESIO
NCEB
NEWP
PLXS
RBAK
SMRA
TKCI
TTEN
TWAV
-3
AVNX
IBM
LRCX
LTXX
NEWP
PHA
RECN
SRCL

i don't know where the bottom of the stock market and economy will be, but in theory building positions in companies with value, ie, very price to sales ratios, that are making money in the current enviroment, should do even better when the economy does improve.



To: Roger A. Babb who wrote (13326)9/3/2001 11:00:17 AM
From: BelowTheCrowd  Read Replies (1) | Respond to of 19633
 
I tend to agree, but I'm not sure that this time we'll see a final catclysmic decline.

In many ways, the worst possible scenario would be for stocks to simply stay "stuck" at some level, as earnings slowly catch up. To those who are margined, it would be a slow, painful drain and a lesson about the excesses of the bull market.

I think we don't necessarily have much lower to go, but we might have much longer to go.

Part of my gut reaction is, in fact, contrarian. Too many people are talking about how we're going to have one final decline, then a bounce back into another bull. I think we'll have neither. Like most real bears, the recovery will be drawn out. The low valuations will be seen when earnings start recovering but stock prices DON'T react, because all the weak hands have left the game.

This isn't all that unusual for a real bear market. Historically the lowest valuations (at least on an earnings basis) are seen towards the end of the bear market, when the earnings start growing faster than the stock price.

mg