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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (2696)3/14/2000 8:12:00 AM
From: Mad2  Respond to of 3543
 
Ron:
Why should people pay 30 times earnings for a company only growing 10-12%.
Maybe AG will be proven correct when he refered to the market as being irrationally exuberant when the Dow was at 7500
Mad2
BTW - Just as things get overbought they get oversold. Although given the hugh amount of money sloshing around its hard to picture our market becomming oversold in the next few years (without a recession that is)


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