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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: sun-tzu who wrote (140442)	12/26/2001 2:08:49 PM
From: John	Read Replies (1) \| Respond to of 436258

2)earnings prove the recovery thesis wrong. I concur, but when that realization occurs, what prevents "them" from continuing to say, "okay, we were wrong about earnings THIS quarter, but recovery is still coming NEXT quarter!"? Hell, they've been doing that for 18 months anyway, as the numbers have progressively become more and more discombobulated. The bottom line is THIS... EQUITY VALUATIONS ARE AT RECORD HIGH LEVELS, both historically and otherwise, and there is NO catalyst for growth! This is so insane, but again, this does not surprise me at all. Good call, sun-tzu. John