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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?


To: P. Ramamoorthy who wrote (776)9/15/1998 8:26:00 PM
From: Freedom Fighter  Read Replies (1) | Respond to of 1722
 
Interest Rate and Stock Prices

I am working on a more thoughtful and complete discussion of my views, but to start, let me ask a simple question?

Long term government bonds are yielding less than 1% in Japan at present.

Would anyone out there pay 110x-120x earnings for Japanese companies?