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To: yard_man who wrote (6654)9/22/1998 7:59:00 AM
From: MythMan  Read Replies (2) | Respond to of 86076
 
I see spoos are up yet on radio coming into work they said ndx futures are down 12+ points. Any idea what is driving that?



To: yard_man who wrote (6654)9/22/1998 8:08:00 AM
From: Cynic 2005  Read Replies (2) | Respond to of 86076
 
<<Still, perhaps as a hedge against those high P/E drug stocks, England also accumulated new positions in cardiovascular device makers Boston Scientific (BSX) and Guidant Corp. (GDT) and in the restructuring hospital chain Columbia Health Care (COL) this year.>>
Combined PE of GDT and BSX will be 50+. Great hedge! What a joke!