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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Boca_PETE who wrote (29)8/16/1998 11:22:00 AM
From: Justa Werkenstiff  Respond to of 15132
 
Pete: Welcome and excellent post.

Re: "How much effect will falling interest rates have on the P/E multiples ? Will such effect offset the effect of slower growth in the economy and slowing growth in corporate profits ?"

Here is the 64k question and why Brinker's opinion is so valuable. If we are going to negative growth, Double D's scenario has bite. Hey, it was either Asia or Greenshades at the rate we were growing in the economy. I tend to see this whole market pattern as 1994 revisited.

Re: "BTW, Congratulations on the new thread. So far, it looks like it's off to a VERY POSITIVE start. Let's hope it stays that way and the polluters that spread unpleasantness at that other place do not find their way over here."

Thank you. We at the Club are more concerned with focusing our efforts on making money instead of revisiting the past endlessly and repeatedly to figure out how we could have lost money.