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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (2525)	1/12/1999 9:57:00 AM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 3339

I heard a commentator on Bloomberg News this morning describe the bubble as a "thin bubble". I think he was referring to the internet stocks. Is this a thin bubble or does the bubble extend into large cap stocks such as Cisco, Lucent, Dell, Microsoft, Intel etc. All of these companies have very high PEs and very high Price/Sales Ratios. It is difficult to believe that their present rates of growth can continue. In fact, their present rates of growth do not justify their excessive PEs I appreciate your comments. Ken