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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Warpfactor who wrote (14800)7/2/2002 12:33:45 PM
From: hitsoft17  Respond to of 23153
 
Warp, ref " Wonder what the deal is with JNPR - bucking the trend - up 5%."

Best I can tell JNPR may have gotten down to what some think a reasonable valuation. That would be a matter of opinion.........

Same is true of FLEX at a PE less than ten. The fear of a weaker dollar is working FLEX down also. I think Flextronics may really be there from a valuation standpoint. ( It has got to happen SOMETIME for all these issues!) I will be a buyer once the trend starts back up.

For right now the entire market looks ready to throw in the towel. Have made some money on MO in the last couple of days, folks are looking for a place to hide. With a 5% dividend it acts like a bond but has a very low equity valuation.It moves like a snail also which is good for the nerves in these times.

hitsoft17