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To: marginmike who wrote (103966)9/6/2001 3:48:04 PM
From: limtex  Read Replies (2) | Respond to of 152472
 
mm - There is only one question and that is can business recover. That is it palin and simple ...nothing else counts. If business recovers then some good growth companies will stand a 50 or a 100 P/E no problem. Most won't but some will.

All that is important is whether business will recover. Base on the track record of the Bush family the prognosis for business is not all that great. They have hekd office for just over 56 months during much of which:-

A - This only got worse

and

B - there was a severe economic downturn

Please before anyone moans at me I like GW but you need a bit of luck when you are the Pres for a good economy and they don't seem to have it, in fact the opposite.

Best,

L