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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: Dave who wrote (3393)3/13/2001 6:27:09 PM
From: Mad2  Read Replies (1) of 3543
 
Article in print version of WS cited chilling stat's on valuation of the NASDAQ
From memory (a bad one at that);
At the NASDAQ's high it was going for 400X trailing earnings
Currently it's at 57X
In the 85-88 time frame it was in the range of 12-21X (Sorry, this may prove incorrect as I'm a bit foggy on what I read 4 hours ago).
mad2
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