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Gold/Mining/Energy : Gold Price Monitor
GDXJ 106.75-0.5%Dec 3 4:00 PM EST

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To: Ming who wrote (23223)11/20/1998 7:07:00 PM
From: Edmund Lee  Read Replies (1) of 116791
 
The bubble will burst when investor comes to sense ....
The end of the bull market is near. By observing certain internet stock which have an Market Capital for $38 billion and a price of over $80. Its book value is only $2.67 and earn less than 50 cents. Its P/E ratio is over 200.
Comparing to Gold stock
TVX gold had a book value of $2.96 and is traded at $2.00
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