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Politics : Bill Clinton Scandal - SANITY CHECK -- Ignore unavailable to you. Want to Upgrade?

To: Charles Hughes who wrote (15170)	11/18/1998 3:51:00 PM
From: DMaA	Respond to of 67261

Stock Market - SANITY CHECK? When will everyone jump out in order to beat the rush of everyone else jumping out in anticipation of Y2K? I definitely will lighten my stock portfolio next spring.

To: Charles Hughes who wrote (15170)	11/18/1998 3:56:00 PM
From: jbe	Read Replies (1) \| Respond to of 67261

Re: Economy & Investing Climate The market is very high in P.E. terms now historically. That may be because the averages (even the NASDAQ) are distorted, because they are determined largely by a handful of very large firms. The stocks I hold (with the exception of a couple of drug stocks) all have historically very LOW p.e.'s -- and very low prices, boo hoo, despite excellent balance sheets... Maybe buyers will wise up someday, and stop chasing after the already super-high-PE stocks... jbe