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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (7825)11/25/2001 10:10:19 AM
From: orkrious  Read Replies (1) | Respond to of 99280
 
Zeev, the liquidity that you expect to take us to 2900 next year is here now. Why then are you so confident that we are going to retest the lows?



To: Zeev Hed who wrote (7825)11/25/2001 3:31:06 PM
From: Rich1  Read Replies (1) | Respond to of 99280
 
BTW Zeev todays Barrons agrees with you on Micron says it should be worth a lot more next year..



To: Zeev Hed who wrote (7825)11/25/2001 3:39:00 PM
From: orkrious  Read Replies (2) | Respond to of 99280
 
I would not be surprised to see INTC bouncing against $50/share late next year. Will it be"worth" that much? Yes, if that is what the market says it is worth (g). What trailing PE will it be? Between 60 to 80.

My guess is the run to 2900 and your guess on INTC will be like your guess about the rally in the summer of 2000 (I think it was the summer, or was it the fall?) when you were overoptimistic. Your bear calls have been spot on, the bull calls weren't bad, just a little too "heady."