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Gold/Mining/Energy : CIBC tse/cm
CM 91.17+0.7%Dec 5 9:30 AM EST
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To: AreWeThereYet who wrote (77)4/19/1998 10:31:00 PM
From: Francois Amouzouvi  Read Replies (1) of 147
 
I do not think that Canadian banks are overvalued. In the globe and Mail of Saturday April 18, 1998, it was stated that the Canadian banks, particularly the Bank of Commerce, are undervalued. The p/e ratios of the Canadian Banks, according to the Globe and Mail article, are 2 points lower than those of their American counterparts.
Just another opinion
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