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To: long-gone who wrote (57488)8/21/2000 6:53:31 AM
From: long-gone  Read Replies (1) | Respond to of 116764
 
& more, also involved with Russia we see now?
``Our whole approach was fundamentally flawed,'' Meriwether told the Wall Street Journal. ``I feel enormous remorse.''
quote.bloomberg.com



To: long-gone who wrote (57488)8/21/2000 9:00:28 AM
From: Rarebird  Read Replies (1) | Respond to of 116764
 
Actually, some of the old economy and retail stocks look much more attractive to me on a valuation basis than the so called new economy stocks.

It is a very bizarre market: While some stocks sell for over 500 times earnings, there are other stocks that are selling for under 10 times earnings and their growth rate is more than twice its PE. These stocks rose during the new economy correction this past March/April.


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