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Politics : High Tolerance Plasticity

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To: pvz who wrote (15299)7/20/2002 2:35:52 AM
From: Sharp_End_Of_Drill  Read Replies (2) of 23153
 
PVZ, what you are talking about sounds like the old 'rule of 20'.

PEs should never be higher than 20 minus the rate of inflation, which should be about 17 right now if you believe inflation is only 3 percent.

This one has been out of style for a long long time, kind of like dividends.

Sharp
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