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S&P 500
5,344.16
(
0.47%
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US TECH 100
18,024.00
(
0.56%
)
Dow Jones
39,497.54
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0.13%
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sludgehound

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sludgehound

Re: None

Thursday, 07/15/2004 7:06:00 PM

Thursday, July 15, 2004 7:06:00 PM

Post# of 6334
story: Semis overvalued SOX 150/200

SAN DIEGO (CBS.MW) -- Wednesday's column on whether much of tech is a ticking time bomb, with one source's forecast of the Philadelphia Stock Exchange semiconductor index, or SOX, falling to 150 to 200 from its current perch above 400, didn't cause the typical "Greenberg you idiot" response I would have expected.

http://cbs.marketwatch.com/news/story.asp?siteid=mktw&dist=nwhpm&guid=%7BF1E79F0E%2D2F8E%2D4...
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Interesting for way arrives at conclusion using fundamentals.
Sees corrct unless some sub-minature nano tube thing suddenly
creates runaway demand.
Ah the 90s.
later

Pennies not a zero sum game as much as some zero game.

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