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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: MythMan who wrote (79438)12/15/1999 12:39:00 AM
From: Dwight E. Karlsen  Read Replies (1) of 86076
 
The Nasdaq bubble

By Paul E. Erdman, CBS MarketWatch
Last Update: 3:20 PM ET Dec 14, 1999

cbs.marketwatch.com

"-- I have come to the conclusion that beyond any reasonable doubt the dreaded bubble that everyone has been worrying about is here and represents a clear and present danger to a lot of investors.

I'm talking about the Nasdaq bubble, and its counterparts abroad. The price-to-earnings ratio of the 100 largest firms quoted on the Nasdaq now equals 100 to 1. Need I say more?"...
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Did Mr. Erdman just say something about the emperor? Something about a lack of clothing?
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