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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (51028)4/13/2001 2:52:41 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
GZ, the P/E 's are still high by historical standards and many companies still have negative cashflow MOT one example. No one in the real world will buy an asset generating an average 3 to 4% or so free cashflow. No bank will lend you money for that. ............ but then again fundamentals do not matter for over 5 years.

Haim