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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: William Nelson who wrote (5672)6/3/1998 11:46:00 PM
From: shane forbes  Read Replies (1) | Respond to of 10921
 
(right - market P/E is high)

RE: but if the indexes dive another 10% or more (to a reasonable p/e??), they'll certainly go down further.

that is the one problem - the big caps (tech a bit but esp. non-tech) are still high and the market P/E is high. I agree with the assessment. But very n/t the buyer's strike may be over if INTC being up +2 is correct.

I would not assume +10%!

shane.


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