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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (28193)	4/21/2000 12:57:00 PM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 42523

Ted recoiled in disbelief, then gathered himself and said in a shaky voice "you just said that the valuation of GE, the parent of this company with a PE of 42 and that's comical?" To which Rosencrans replied "absolutely. It's the largest cap company in the U.S. There is no way that a company with half a trillion in market cap should command a PE of 42 in the current market environment". Or words to that effect. He also gave a target of 7000 on the DOW and 2300 on the 'Dung. They had a bull on (Elias), but his microphone didn't work, so they cut him off. HO HO HO!