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Politics : High Tolerance Plasticity

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To: jim_p who wrote (12163)2/1/2002 9:25:35 AM
From: Snewts  Read Replies (1) of 23153
 
Home Builders:

I'm a former resident of SI, but have been out of O & G for over a year now. I like your assessment of the home builders, but am concerned about valuations. These companies are only selling at 8-10 times earnings. If interest rates stay where they are for awhile, it looks like the Home Builders could go considerably higher.
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