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

To: Knighty Tin who wrote (74030)	1/19/2000 3:27:00 PM
From: Skeeter Bug	Read Replies (3) \| Respond to of 132070

>>Yahoo Japan's current share price puts its price-to-earnings (PE) ratio around a jaw-dropping 3,355 times its estimated per-share earnings for this business year, according to Kota Nakako, an analyst at Warburg Dillon Read. That compares with an average PE ratio of 80 for the Tokyo Stock Exhange's 1,900 companies this business year. Despite the huge gap between its market valuation and actual performance, most analysts agree that Yahoo Japan has more upward potential because there is still a lot of money chasing relatively few shares in Japan's nascent Internet industry.<< an 80 pe for a no growth economy? seems that japan may be in abubble as we assess our own. so what if this bubble is 40% lower than '89 highs. this could get globally nasty...