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Pastimes : Ask Mohan about the Market

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To: space cadet who wrote (17116)11/20/1998 12:08:00 PM
From: S. M. SAIFEE  Read Replies (1) of 18056
 
Has any body figured impact of sell off in Internet stocks?? No internet stocks are selling less than PE of 100, with inflated stock price all internet stocks' combined market cap is shooting up exponentially and could reach respaectable portion of total market cap
thus justifying bubble theory and taking every thing down when the bubble bursts in internet stocks... Any comments?
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