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To: Amy J who wrote (168606)7/23/2002 6:17:01 AM
From: Stoctrash  Read Replies (1) | Respond to of 186894
 
It's called reality Amy J....
The bubble burst a long time ago & phat valuations don't fly anymore.

For instance IBM trades at 1.5X sales....& no burgers are served. :-)



To: Amy J who wrote (168606)7/23/2002 10:48:05 AM
From: Joe NYC  Read Replies (1) | Respond to of 186894
 
Amy J,

Valuations lower than 1x sales are not that uncommon in many industries, and I am not talking only grocery stores.

Joe