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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Hank Stamper who wrote (7845)8/18/1999 12:46:00 AM
From: Hank Stamper  Read Replies (1) of 15132
 
"Now, with everybody jumping on the bandwagon, the trend is toward highly speculative issues of fledgling companies with very limited marketability. With many of these stocks selling at 50-100 times earnings and 10-15 times sales, ‘‘performance'' may already be running out its string." David Babson, January, 1968

Here's the link to the full reprint of his market commentary a few months after that, oh so wonderful, Summer of Love.

dlbabson.com

Ciao,
David Todtman
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