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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: marc ultra who wrote (3987)3/18/1999 8:08:00 PM
From: MrGreenJeans  Read Replies (2) of 15132
 
Price Earnings Ratio

Being a 90's kind of guy I realize fundamentals don't count anymore but did anyone notice the S and P 500 pe ratio tonight stands at:

1316.55 / $51.50 = 25.56 for 1999 and

1316.55 / $54.60 = 24.11 for 2000

Just who is buying stocks at these prices? I'll confess to purchasing and trading the semiconductor stocks but you will have to torture me to confess to anything else.
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