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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: jjs_ynot who wrote (7327)8/30/1998 5:48:00 AM
From: Skeeter Bug   of 42834
 
dave s, since greenspam has been spamming the world with greenbacks for so long and causing asset inflation i think that money IS KEY. it is the engine driving this little gravy train. the concept is cheap money chasing too few stocks.

cce growing at 6-10% and trading at a 60 pe?

amat trading double its 1996 low when they are now earning less, have lower revenues and the outlook is "unprecedented?"

ge trading at a 32 pe when their growth rate is 1/3 that?

ad nauseum. these aren't fundamentals, they are fumblementals - and the root cause is too much money. take away the cause...
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