VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (37612)	6/7/2001 5:54:48 PM
From: Sabrejet	Read Replies (3) of 65232

I get sick of the same crap from the street regarding earnings and valuation. What we are seeing now is absurd! This is worse than the last bubble and will end with an even bigger mess. I here the same crap that the bad news is already factored in, blah, blah blah... I think someone needs to wake these folks up and explain to them that P/earnings ratios are indeed relevant. "The worst is over" is B.S. What these companies are doing is crapping on the street to save their own asses. I haven't heard one company start talking about future growth. And with that said, how about the current prices of the stocks as we speak? Like we moving up from ground zero??? Unbelievable. Sabre!

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