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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Haim R. Branisteanu who wrote (78609)3/12/2001 8:16:50 AM
From: Earlie  Read Replies (3) of 436258
 
Haim:

I have to disagree with your comment that some of the big Naz stocks are closing fast on reasonable valuation. In fact, for many of them, their PEs are RISING.

Yes, their share prices have been clobbered, but their earnings have been in free fall. For many of them, the required PE shrink simply hasn't yet taken place.

Best, Earlie
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