Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

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To: Robert Douglas who wrote (387)	12/22/1998 12:12:00 PM
From: LK2	Read Replies (2) of 1989

RE-->>Market bubbles<< Market bubbles drag the entire market higher. So why shouldn't they, when pricked, drag the entire market lower, as well? As investors, we don't mind the ride up. It's the ride down that gets uncomfortable. Are we in a bubble? With the market selling at the highest PE ever (excluding negative earnings periods), highest price/book value, highest almost any traditional valuation measures ever, some people might think we are in a bubble. RE-->>The proliferation of really bad movies and TV shows. Or is it just me?<< Unfortunately, that's probably more related to a person's age than any change in the entertainment itself. Regards, Larry

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