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


To: seminole who wrote (87173)6/27/2002 10:44:33 AM
From: Crimson Ghost  Respond to of 99280
 
Could you post the full article?

Thanks in advance

George



To: seminole who wrote (87173)6/27/2002 10:48:10 AM
From: michael97123  Read Replies (2) | Respond to of 99280
 
The one beautiful thing about Wall St. is that everybody gets theres one day. Plenty of the guys making bucks now were shorting nasdaq on the way up based on valuation concerns. They were right but many now drive cabs. Now the consensus has gone the other way and folks talk about high current valuations(PE) which is a false read on old earning. Companies productivity increase are beginning to yield bottom line results--now lean and mean imagine how earnings will grow IF sales pick up. In b to b tech arena, most of the installed tech is 1999 for Y2K variety--needs to be replaced by next year at the latest. Same goes for all those old pcs we own once consumer starts looking at new apps. mike