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


To: KevinThompson who wrote (36140)9/27/2001 10:32:44 AM
From: Sharck  Read Replies (1) | Respond to of 37746
 
BRCD SS covered,



To: KevinThompson who wrote (36140)9/27/2001 2:02:56 PM
From: DlphcOracl  Read Replies (2) | Respond to of 37746
 
Kevin T.: P/E of about 20 sounds right for the chip companies and chipmakers under normal circumstances. However, for most of 2002, they will not generate sufficient earnings to justify that P/E. After this week's haircut, the best of these companies (KLAC, TXN, ADI, AMAT, etc.) are now at approximately P/E of 20, more in line with their historical valuations.