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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Cary Salsberg who wrote (2391)3/24/2002 7:45:53 PM
From: JSLyons  Read Replies (1) | Respond to of 95572
 
I fully agree, valuation must be watched, but not enshrined in dogma. P/E is another, related case in point. When CNBC speaks of valuation, they mean "rich" P/E values. In a cyclical industry like semi-equips, of course, this is precisely the time to buy. When the "P" is low, or even negative.

Rgds,
Jonathan