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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: drsvelte who wrote (1716)8/11/1998 10:02:00 PM
From: Lucretius  Read Replies (2) | Respond to of 14427
 
Things can't go any lower, right?

I mean MSFT is trading at only 40x earnings? And DELL is back under 60x?? OH THE HUMANITY!!!! Why aren't people scooping up these bargains? (GGG)

(I seriosuly did see one moron on CNBC today rec an AGRESSIVE BUY on MSFT at these levels... afterall it is down 10 or 12 from its high so monkeys must BUY!!! ....... we're in for a world of crap when this all comes to an end...... and I ain't kidding)

-Luc

sidenote on denial: Anyone remmeber the pictures in the papers last fall of the Asian traders covering their eyes and ears as the mkts imploded? mmmmm? Wonder if we'll see Cramer on the cover of a paper?