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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (34886)12/3/1998 1:30:00 PM
From: Paul Shread  Read Replies (1) | Respond to of 94695
 
Actually, MM, I place fair value at PE 19 on the Dow (inflation + PE = 20). As I said, I don't argue that valuations have gotten out of hand. Buy NOK.A. Haven't seen a better return/valuation since DELL in 1996. Nothing's going to keep that stock down.

Paul