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.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (52172)3/16/1999 10:04:00 PM
From: TheStockFairy  Read Replies (1) | Respond to of 132070
 
I agree on SCH.

With a 5 year outlook on growth at about 21% per year, a decent p/e would be about 35-40 historically. Can we say $40 stock? SCH still looks to me like a market correction play because it doesn't look like it's internals are going to collapse under their own flimsy weight given the nature of the "This is America!" market. (I don't know what that phrase means, but I bought a new Ford 4x4 this morning I was so impressed.

If there is a correction, the put picks can be made by monkeys throwing feces at a WSJ.

The beauty of Micron was that with no earnings and slowing PC sales, with or without a correction, it was going to tumble.

Without the correction and still plenty of TokyoJoes plinking down $8 orders all day steering the nutz stocks, we may be seeing Chuck dance the 2fer1 hustle on the back of a p/e of 150.

Signed

In Deep on SCH Puts