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Pastimes : Alan Greenspan MUST GO:

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To: Master (Hijacked) who started this subject7/31/2000 10:11:49 AM
From: Master (Hijacked)  Read Replies (1) of 494
 
A question for the astute investor. What affects stock valuations?

(A)
Fundamentals
Fundamentals
Fundamentals

(B)
Greenspan
Greenspan
Greenspan

Hmmm.....let's see. My stock's sales are growing at 100% yr-to-yr. Its P/E ratio is under 50. It just announced amazing earnings, beating analyst estimates by 40%. Yet stock price remained stable. The next day someone utters the name "Greenspan", the markets CRASH.

This to me is starting to sound more and more like The Knights who say Ni from the old Monty Python movie....The Holy Grail.

"Greenspan"...aahhhhhhhh
"Greenspan"...aahhhhhhhh
"Greenspan"...stop it, stop it, i can't take it anymore, stop it.
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