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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Jeff who wrote (11098)10/16/2002 11:22:37 AM
From: 16yearcycle  Read Replies (2) | Respond to of 30712
 
amzn at 20....it's amazing really...but why have it stop at 5? Amzn's ps ratio is 2 and toy's is .17. Amzn would have to go to under 2. Some stocks never go as low as they should. IBM's ps ratio in 1932 was still 5..it never crashed in the 30's. 20 years later, it's ps ratio was under 1. It grew and grew and the price never rose.