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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Grommit who wrote (10052)2/24/2000 11:05:00 AM
From: Wallace Rivers  Read Replies (2) | Respond to of 78621
 
Well, I thought last year was bad - this year is worse!! The old valuation measures don't matter any more. Good banks, bad banks, they're tossing them all out the window. Value stocks are trash in the current environment. S with a PE below 10, the homebuilders, they're almost universally being taken out and shot. Meantime, QCOM, CSCO, and JDSU and its ilk continue to ramp with astronomical multiples. When does it all end? When does sanity come back to the market?