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To: re3 who wrote (105560)6/27/2000 7:03:00 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
<<i assume you figure it should be higher because of growth. >>

Well not really ike. What I am thinking is if the nasdaq pe never has been as low as 25, what ungodly calamity will send it there now? We have had some very rough times in the market in the last 25 years, since the start of nasdaq.

I guess a serious recession is the key thing I can think of that would cause such a drop, but I do not see a recession in the forseeable future.
victor


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