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To: Robert Rose who wrote (104676)6/5/2000 4:39:00 PM
From: GST  Read Replies (2) | Respond to of 164684
 
Robert: (Serious answer) All that serious stuff is truly a factor weighing down valuations - that market had to come down and it did. But with some good stocks down 90% peak to trough -- like ISLD -- and some less speculative stocks cut in half, I am prepared to buy for a tradable bounce. Stocks should not trade at 3 or 4 times their growth rates IMO, and certainly not at 200 or 300 times sales <g>. Now that many are trading at or below their growth rates, count me in.