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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (68214)9/24/1999 9:29:00 PM
From: sjemmeri  Read Replies (1) | Respond to of 132070
 
It took awhile but, after the discussion about the current PE on
the Nasdaq, I realized that even if one doesn't dispute Glassman's
thesis in Dow 64000, the tech stocks need to come down 33%. That's
even if you accept his no risk premium PE=100 and his 'special' math.