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Politics : High Tolerance Plasticity

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To: pvz who wrote (15293)	7/19/2002 10:43:09 PM
From: Gottfried	Read Replies (2) of 23153

pvz, [text added] a Google search led to this PE chart lowrisk.com You remember that low interest rates allow higher PEs. <rant>I have long held that group PEs are BS. The poor companies drag the good ones down. But I never get anywhere with this opinion.</rant> [added] I think it's a trailing PE because that is simple to do. To get it down the best companies have to get a haircut, or some of the worst have to be removed. G.

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