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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: NickSE who wrote (31758)4/8/1999 6:48:00 PM
From: Broken_Clock  Read Replies (2) | Respond to of 86076
 
"On Thursday, April 8, 1999,
the P/E ratio on the S&P 500 moved up 0.45 to end at a new all-time closing high
of 35.64, according to Dow Jones News. By almost any measure, including the ratios of
price to book, total market capitalization to GDP, and dividend yield to bond yield, the last
time any equity market was so overvalued was in London in 1720. Some London 1720 benchmarks
have already been overtaken in recent weeks, leaving the 1637 Holland tulipmania
as the only historic extreme not yet exceeded."
goldminingoutlook.com



To: NickSE who wrote (31758)4/8/1999 6:48:00 PM
From: re3  Respond to of 86076
 
Hmm...26 billion for Goldman, cheap if you look at the ebay cap...

no ?

Howard



To: NickSE who wrote (31758)4/8/1999 7:20:00 PM
From: TheStockFairy  Respond to of 86076
 
Here is what I think about that.

Message 8780524


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