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Strategies & Market Trends : Value Investing
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To: peter michaelson who wrote (4745)8/22/1998 9:58:00 AM
From: Ron Bower  Read Replies (1) of 78615
 
Peter,

>"Before the LBO's hit the market in the 1980's, there were many, many small (i.e. not huge) companies at PE's of 7x and under - and they had been there for quite a while. Some had good growth,non-cyclical good balance sheets, good management, et cetera"<

And what has happened to the stock of those companies since then?

TIA,
Ron
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