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.
Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: MeDroogies who wrote (25530)8/20/2002 4:24:28 PM
From: uu  Read Replies (1) | Respond to of 39683
 
I guess.... Now that I think about it, I tend to agree with you on your point on the P/E of 15 not being a valid measure to compare the current (or future) P/Es against.

But then most companies ( at least in the high tech sector) have no P/E - period!

As an investor I always look at P/S first before P/E. My level of comfort with P/S for the high techs varies (for semis it is between 2-3) -- anything above that and I feel like playing in a poker game and just relying strictly on my bluffing tactics in order to win! :)

Incidentally, currently the only company in the semis that I feel worth investing is LSI Logic.

Anyway..........



To: MeDroogies who wrote (25530)8/20/2002 4:26:34 PM
From: plugger301  Read Replies (1) | Respond to of 39683
 
High stakes poker=gambling? Not what I have experienced. Trading is a lot like a high stakes game. If you do not know who the fish is in the first hour, it is you. Seems to be true in trading as well. <g>