SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Analysis Class for Beginners
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chartgod who wrote (1413)7/8/2001 11:02:15 AM
From: TechTrader42  Read Replies (2) of 1471
 
Irrational exuberance certainly isn't over, and that would seem to indicate that the "correction" is far from over. CHIR has a P/E of 740.

As for the amusingly complacent notion that P/E ratios have no bearing on prices, the same thing was said about the Nifty Fifty before they crashed. The Nifty Fifty stocks peaked in 1972 with a collective P/E of about 42.

One could have shorted EMC based on its P/E alone.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News