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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (55849)4/13/1999 5:54:00 PM
From: Knighty Tin  Respond to of 132070
 
Tradelite, I know that it is growing, in this best of all markets for consumer debt, at 20% and selling at 40 times eps. If credit tightens, the eps growth will disappear and that multiple will fall even faster. However, even if the credit binge continues, investors are paying too much for the reported growth.


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