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Gold/Mining/Energy : Churchill (CUQ), PE of 3!

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To: speculatingvalue who wrote (208)3/1/2000 4:11:00 PM
From: Far Side  Read Replies (2) of 264
 
Steve, Great post but you don't understand this market.

Churchill is in the construction business and that's boring and dull and the stock price is supposed to remain at 1.30 forever. right ? It deserves a PE of three. The stock is never supposed to go up .14 cents in one day. That's never happened any time in Churchill's history.

There must be some mistake.

That type of price rise only happens with those sexy internet and biotech stocks that don't make any earnings.

You see Steve you are still stuck in the eighties, man .

This is THE NEW ECONOMY !

And smart money only invests in dotcoms.

All jokes aside....where the hell did today's volume come from ?

Who's buying ? Day traders don't touch this kind of stock.

I'm baffled.

Jim
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