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To: Haim R. Branisteanu who wrote (15530)9/1/2000 11:54:09 AM
From: IceShark  Respond to of 436258
 
It was slightly worse than a 60 PE, like 70+ or so I think, because their accounting practices were different than US. Still makes the current state of affairs look manic.



To: Haim R. Branisteanu who wrote (15530)9/1/2000 12:31:36 PM
From: LLCF  Read Replies (2) | Respond to of 436258
 
<Now we have VERY BIG CAP trading at P/E well over 100 and it is all OK and natural.>

Yep, and they were the economic miracle because they invested for their grandchildren and never sold... so the high valueations made sense, especially in real estate...

at least for a while.

DAK


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