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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (33010)11/1/2000 4:20:48 PM
From: NOW  Read Replies (1) of 436258
 
I loved this insight:
"Back in March, everybody got greedy and we had to pay up big time," he said. "I think that the market has taught people a lesson and these stocks may no longer fetch price to earnings ratios of 200 or more. Maybe 100 is more likely."
At PE's of a mere hundred, I guess all the greed really has gone...
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