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Non-Tech : Canadian vs. US Banks--Better PE and rising C$ -- Ignore unavailable to you. Want to Upgrade?

To: Zirdu who wrote (150)	12/3/1997 1:21:00 AM
From: marcos	Respond to of 230

-g- ...or in the case of CM today, just wait an hour, the intraday was wild. I had a long post with a bunch of URLs from the FP almost ready this morning, and the computer crashed, now the FP has changed the page, and I can't find the articles. The most interesting one was about the extraordinary items on recent reports, which are largely securities gains, and which won't be coming in forever. Best to deduct them when figuring the core business P/E, imho. Here's something interesting, it sounds useful but I doubt we could afford it; canoe2.canoe.ca ........ cheers ............... marcos

To: Zirdu who wrote (150)	12/4/1997 5:30:00 PM
From: marcos	Read Replies (3) \| Respond to of 230

canoe2.canoe.ca -- "Big banks enjoy another record year" -- bit of an overview .... at the bottom of these pages there are links to the FP and Canoe sites, there are other relevant articles there usually.... Well, tomorrow is the anniversary of Greenspan's "irrational exuberance" dip, eh ....... I had the incredible luck to have had some cash just coming into the market that Wednesday, and hadn't spent any until Friday morning. Being newly online, I caught several stocks (one of them TD) below my buy targets. A week or so later, I was up 6% or more, beating my mother's annual return on CDs in 2% of the elapsed time. Proof of nothing except the value of horseshoes, though -g- What a boring thread, eh ... all these outfits do is crank out billions .... you'd think they'd have the foresight to pick up some desert dirt or gold property in Antarctica and a black-box recovery theory, just to stimulate investor interest...... Ah well, another .0000017 of a minute, another dollar ..... cheers ... marcos