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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: ild who wrote (747)9/4/2001 1:34:46 AM
From: TobagoJackRead Replies (1) of 306849
 
Hi Ild, my friend here say P/E is not relevant because E is disappearing. Representative stocks are north of 60. Sony is north of 600. It is all simply kabooming away.

When the market is going up in Japan and US, folks say P/E is not relevant. Now matters are going down, and yet, still P/E is not relevant:0)

Chugs, jay
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