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Strategies & Market Trends : BFT: Will the tulip craze ever break down? -- Ignore unavailable to you. Want to Upgrade?

To: Pancho Villa who wrote (307)4/8/1998 7:09:00 PM
From: Gordon A. Langston  Respond to of 650
 
I have seen the 20 PE also . Think it may have been based on 99 earnings estimate.



To: Pancho Villa who wrote (307)4/8/1998 7:19:00 PM
From: Gordon A. Langston  Read Replies (1) | Respond to of 650
 
Bally employees are allowed to put 10% of their salary (no commission or bonus) in stock purchase plan at 5% discount to lowest price in quarter issued a week into the next quarter with no restrictions on selling. Keeps the float down ? Would BFT actually be buying the stock on a regular basis? Can't figure if this has any significance.


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