Replies to post #3517 on Ask Vendit Off Topic Questions

[Bera]

While software stocks were starting to look attractive for a while as the market made a momentary lapse back to reason and sensible value, they've now become expensive again. For instance, the average stock in Walravens' universe of B2B and supply-chain management stocks is now trading at 87 times 2002 earnings. Beleaguered Ariba takes the prize for the most ridiculously priced stock, at 467 times Walravens' 2002 earnings estimate. It's followed by Matrix One (MONE:Nasdaq - news), priced to a perfect 113 earnings, and always-expensive Agile Software (AGIL:Nasdaq - news), trading at 84 times that period's estimated earnings. . .

Analysts who are uncomfortable with these run-ups don't see any justification for them other than an oh-so-90s urge among investors to just own tech stocks. That could come back to haunt them.

"We've simply got a crazy rally here," says Doug Augenthaler, an analyst with CIBC World Markets. "Things are getting kind of insane again."

"People are expecting a quick turnaround, like this is a one- or two-quarter thing," says Jon Ekoniak, B2B analyst at U.S. Bancorp Piper Jaffray. "I don't think this is a quick turnaround. I don't think the worst is over. There's more bad news to come."


http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=15759092

  
   W  o(..)o   (      CAUTION:  This monkey is still in 
    \__(-)    __)     training!  All opinions expressed 
        /\   (        are for discussion purposes only. 
       /(_)___) 
      w / \           ~Bera 
       /  /           
      m  m 

[Vendit]

Considering my weekend I am afraid that I must admit that I did little to no market research. I can't remember being able to say that since 1995.

I did make an improvement to the custom charts page. Did you get a chance to see if the charts ran as anticipated and in RT?
I did not so haven’t any idea if they worked.



Reid