Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mike M2 who wrote (72785)	1/4/2000 8:39:00 AM
From: gnuman	Read Replies (1) of 132070

Mike, thanks for the article. I read it once but I think I need to read it a few more times. <g> I'm still interested in the breadth of the bubble and the impact on the overall market when it's pricked. Metaphorically, is it like a bulge in an inner tube that when pierced deflates the whole tire? Or is it more like "bubble" wrap? <g> I was amazed at the high P/E of the Nasdaq less the Nasdaq 100. From the Nasdaq site I calculated a P/E of 351 for this segment. But looking further, I found forty Nasdaq companies, (not in the Naz100), that had cumulative losses of ~$20 Billion. By my calculations these 40 co's contributed over 275 points to that P/E. (I am assuming that the net income numbers for the NASDAQ are the sum total of all the pluses and minuses). And if I expand the list to 100 company's? When the dot.com's come crashing back to reality, (for which I have no doubt), will there be universal pain in the market, or will it be constrained to that segment?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next