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Re: marquis103 post# 37788

Wednesday, 10/23/2002 2:24:55 PM

Wednesday, October 23, 2002 2:24:55 PM

Post# of 704047
Sure, buy when things look worst, but the valuation metric has to be there too. Thats why I compared cien to klac. Its crazy to buy klac on this bad news at this price, imo. Its not nearly as crazy to buy 100 other good companies that are selling at near cash, and that cash balance isn't going down signbificantly any more. If klac can do this than itwo, as a mediocre expample, could go up 40x in a few years.

There is now way to trade this on fa, and now ta isn't working either, right now. It is starting to look like the rules changed in the last few weeks.

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