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Strategies & Market Trends : Drillbits & Bottlerockets

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To: John Pitera who wrote (3532)2/19/2001 10:47:25 AM
From: AugustWest  Read Replies (2) of 15481
 
John, I been meaning to get back to this post of yours.


there will not be any PE's north of 100, not on a company
of any great size.



I'd be willing to bet that a PE of 100 will look really expensive on a number of stocks by the end of the year. Do you have an opinion of where the comfort zone might be for the average PE on the comp? I really don't, but would guess it's south of 60. Exceptions will obviously always exist. Or at least they do in healthy markets.
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