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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: Smart_Money who wrote (97330)4/16/2000 12:53:00 AM
From: John F.  Read Replies (1) of 108040
 
Thanks for the link SM. Good find. Nice documentation of how we got here. I will add one item that he failed to mention which
contributed to the speculative bubble: The target prices set on stocks by many analysts were, in many cases, in retrospect, too high.

Here is a link to a good article on valuations some here may not have seen:

P/Es of Cisco, Others Lead To Stretching of Yardsticks
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