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

To: Proud_Infidel who wrote (4691)8/6/2002 11:39:49 AM
From: BWAC  Respond to of 95515
 
I'm sooooo confused about what point we are making here



To: Proud_Infidel who wrote (4691)8/6/2002 11:41:43 AM
From: Gottfried  Read Replies (1) | Respond to of 95515
 
Brian, really OT *** an analogy

A young trainee makes $10k a year her first two years with a small company. She gets promoted several times and after 10 years is an officer of the company and makes $100k. At her next performance appraisal her boss cites the need to get back to historic norms and reduces her salary to $15k.

G.



To: Proud_Infidel who wrote (4691)8/6/2002 7:41:40 PM
From: orkrious  Respond to of 95515
 
Again, I ask you what you are looking at?

Okay, so the Naz is right where it was when he called it irrational. That means it's overvalued, now. And the growth prospects were so much better then they they are now. The bubble was still in front of us.

At the same time, the DOW is roughly 20% above the irrational level, and the S&P is 10%. We have a long way to fall.


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