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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (50702)7/6/1999 10:52:00 AM
From: John Pitera  Read Replies (1) | Respond to of 86076
 
And the Myth thread is pretty quiet -ng-

you know in 1983 I was dying to experience this type of market , as the market of the late 60's and the late 20's had so much Myth and allure and romanticism attached to them. I could flip through the value-line books in 1984 and see growth stocks with PE's under 10, and the high growth stocks like aapl, HWP, IBM had Pe's of 12-15, I don't remember seeing a PE over 20 except with a turnaround company.

Be careful of what you wish for -vbg-

I think that the same applies to any crash -ng-