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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Charles Tutt who wrote (37044)10/26/2000 3:51:12 PM
From: chic_hearne  Respond to of 64865
 
Re: The market already HAS gone down. Painfully. And in the face of spectacular earnings gains. Maybe you didn't notice.

No, I didn't notice one bit.

GDP in relation to the stock market is currently much higher than '29 or Japan in '89.

Average P/e of the Naz 100 is still higher than the Nikkei ever got.

Once those numbers start to get smashed, I might notice we've gone down a little.

BTW- I don't think "spectacular" earnings have much meaning given the valuations.


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