Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Prognosticator who wrote (42064)	3/15/2001 5:05:27 PM
From: cfimx	Read Replies (2) \| Respond to of 64865

i'm going to put your name and this post in lights. It's priceless.

To: Prognosticator who wrote (42064)	3/15/2001 5:17:33 PM
From: Stormweaver	Respond to of 64865

That bit of advance reality actually worked during the internut era but it's now time to come back to terra firma where PE does matter. - James ;) -

To: Prognosticator who wrote (42064)	3/15/2001 6:06:40 PM
From: Mike Ankley	Read Replies (1) \| Respond to of 64865

Prognsticator: At which point the P/E ratios of all companies tend towards the reciprocal of the current interest rate So using Japan as an example, their interest rate is 0.15% = 0.0015, with a reciprocal of 10000 / 15 = 666.66 So you would have us believe the appropriate PE for Japan stocks is 666.66???? And yet stocks continue to slide there, huh? Go figure? Also check out Fed rate cuts in 1929-1931. Back then, Fed cut rates, yet stocks continued to fall ... kinda like Japan right now, kinda like here in U.S. right now. Must be a small flaw in your theory. LOL!