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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: space cadet who wrote (17880)10/5/1998 5:31:00 PM
From: Clint E.  Read Replies (1) | Respond to of 69780
 
Hi Space Cadet.

I find only a few expensive stocks left including msft, csco, dell, yhoo, amzn.... Conversely, I find a ton of value in many stocks including nt, tlab, unph, vtss, lltc, intc, txn, vtss, sunw, catp,....

PEG? MSFT's PEG value was more than 2.0 a few months ago but that didn't stop many from buying and pushing it to ~120. It continues to be over 1.0 unless it falls to less than $40. Is that the price at which value-oriented investors such as yourself will return to the stock?

Fundamentals don't seem to matter in the short-term since extremely poor market psychology and declining stock prices are forcing investors and clueless analysts to over-react. It is that simple.

Clint