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To: R. Bond who wrote (756)3/12/1999 12:48:00 PM
From: Kailash  Read Replies (1) | Respond to of 1170
 
"I'm surprised you haven't noticed that they are not valued by P/E ratios."

On the contrary I have; it would be hard to miss <vbg>

"If you had been around during the Industrial Revolution you would have been shorting the steel makers."

And if I'd been around in 1929 I might have shorted radio stocks - most fell 90%. Or maybe in your version of history stocks just go up?

Kailash