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Non-Tech : Invest / LTD
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To: Lucretius who wrote (3944)10/8/1998 4:19:00 PM
From: SJS  Read Replies (3) of 14427
 
Saw this of interest:
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14:11 ET Mega-Multiple Stocks: Briefing's list of overvalued stocks (issued yesterday at 14:49 ET) are down an average of 8.5% today, outpacing Nasdaq retreat of 6.3%. Names on the list included Rambus (RMBS -3%), P/E=121...Broadcast.com (BCST -12%), trades at 58 times trailing sales... Microstrategy (MSTR -11%), P/E 82.5; Broadcom Corp (BRCM -8%), P/E 75. (Valuation levels based on Wednesday price levels). Of course, EBay (EBAY -13%) would have made the list, but since stock not yet "shortable," we decided not to include it.
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