Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Claud B who wrote (4272)	12/20/1997 7:39:00 AM
From: Mark[ox5]	Read Replies (1) \| Respond to of 42787

I don't think you've checked the Tokyo markets. Compare the PE of Nippon Telephone and AT&T. There are many others...but that's a good beginning. ClaudB Ok let me restate that, many times (not all, not every single case in the world), a foreign co. that trades on the NYSE or NASDAQ which is based in a foreign country, and is very similar to a co. trading in the U.S. will have a lower PE in comparison to a similar co. in the U.S. Also, AT&T is not really a good case to compare because its been very hurt in the past year due to the US telecommunications act passed about 2 years (?) ago. Nippon is a monoply from my understanding.. that usually leads to a nice juicy PE, just as AT&T was many years ago. Just as Microsoft is now in operating systems (not a true monopoly but getting there) AT&T has only recently begun any sort of recovery. And same goes for say Fuji & Kodak.. Kodak is getting its a$$ beat, therefore Id expect Fuji to have a higher PE. My point was about 2 co's with pretty much similar characteristics and no special problems pertaining to one of them. Im sure there are cases where its the opposite (probably Nokia for example) but for the lesser known (small cap especially) its just an added risk to be based abroad, and therefore from at least my research its seemed to be the case. If anyone has research showing the opposite in the broad market Id be happy to change my view. Mark