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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Stefan who wrote (3641)3/6/1999 10:54:00 PM
From: Investor2  Read Replies (2) of 15132
 
Re: "Have you considered that maybe just maybe McDonad's P/E is too high and MSFT's way too high."

I sold MCD at a much lower P/E in July 1998. I can't believe it's P/E is so high now. I'm used to paying 18 times earnings for MCD.

Re: "Didn't you hear BB saying that the NASDAQ P/E is approaching 100?"

I recorded the show for listening while I travel throughout the week. Did he change his opinion of the market? The last time I heard he was expecting that the correction would continue lower.

Best wishes,

I2
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