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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: chic_hearne who wrote (55282)1/8/2001 11:55:53 AM
From: AllansAlias  Read Replies (2) of 436258
 
Yes, although there is little doubt that the slowdown is discounted in the minds of the bulls. All we have had so far is a discounting of many of the more clownish valuations. What's the NASDAQ target for a gross P/E of, say, 30? Hmmm... if the slowdown bites hard, what's the NASDAQ target for a P/E of 10?

It will be very interesting to see how they are all doing with their 'investments'. Got Ponzi?
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