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Strategies & Market Trends : UK Stock Market - London Stock Exchange

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To: Mr Logic who wrote (6)	3/11/1997 7:12:00 PM
From: Bjorn	of 19

ECSoft. Thanks for your note. This company was mentioned in an article about the lackluster preformance of UK shares traded in the US. The CEO was quoted saying something to the effect of Had he known the reception he would have had it listed somewhere else. Even mentioned thinking about de-listing. This tell me that in his mind the shares is cheap. Is London average PE lower than comparable US and if yes any idea why?

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