Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: patron_anejo_por_favor who wrote (40450)	11/22/2000 6:18:26 PM
From: chic_hearne	Read Replies (1) of 436258

Got summary? If so, would you be so kind to post? Muchos gracias patron, they didn't give him much time. Started with that it's no fun being a bear even if you are right. S&P 500 still has a higher P/e than any time in 1929. People are stunned that INTC went from 70 to 40, but pointed out LU went from 70 to 40 then to 17 and if INTC traded at a price/sales of LU, it would go for $8. When asked how low the indexes would go, he wouldn't answer, only said lower than anyone expects. Talked a little about how reckless the fed has been.

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