SI
SI
discoversearch

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.
Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: limtex who wrote (115434)3/12/2002 4:31:34 PM
From: Dexter Lives On  Read Replies (1) | Respond to of 152472
 
You're right of course, the past had growth and low inflation to justify high PEs; the future will have no growth (all end markets are saturated, pc's phones etc.) and high inflation owing to FRB cheapening of U$. The printing of many, many $ will mean imported inflation - combine with no growth for stagflation; considered one of the worst environments for growth stocks that pay no dividends and have an ongoing reliance on fresh capital...

Rob



To: limtex who wrote (115434)3/12/2002 4:33:13 PM
From: sea_biscuit  Read Replies (1) | Respond to of 152472
 
It is very reassuring to hear your words. It is only when investors come to their senses that it becomes difficult to make money off the bear. Let's hope that it doesn't happen for another 5 years or more!