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To: craig crawford who wrote (130342)8/21/2001 9:09:10 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>this market is nothing like the market of 1982.
Craig, Yes and No. Yes meaning market sentiment was the same in 1982 as it is now.
>a pe of 7 and the current pe of around 27!
In 1982 you could by home for $300k and sell it today in a heart beat for $1.5 to $2 million.
>and interest rates topped out at 21%
I was there I remember getting 15% interest on commercial bank paper.


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