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To: Box-By-The-Riviera™ who wrote (74243)3/1/2001 9:07:37 PM
From: LLCF  Respond to of 436258
 
<some clown was on NBR tonite from E. Jones & co... trying to argue the naz was now valued at a 33 p/e....>

What 33 PE {Pages Eyed on the net}??? What a laugh... the next trick is going to be using 'trailing' PE's because current and future look so horrific, I swear they're doing this already.

DAK



To: Box-By-The-Riviera™ who wrote (74243)3/1/2001 9:14:11 PM
From: pater tenebrarum  Respond to of 436258
 
that's BS...even if we use the dubious p/e evaluation methods used by the exchange itself, the p/e must still be well over 100. it was 257 at the peak according to them. cut that in half...and then consider that earnings are in retreat...

using GAAP, the p/e is in the stratosphere somewhere...i.e.if you use REAL earnings, including the non-recurring write-downs that recur every quarter, and count the loss makers too.

a bear valuation undershoot would bring it to a p/e between 10 and 15....