Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Broken_Clock who wrote (35346)	4/21/1999 10:43:00 PM
From: Lucretius	Respond to of 86076

100x but theri accounting is different. besides the NDX blew past that several months ago.

To: Broken_Clock who wrote (35346)	4/21/1999 10:44:00 PM
From: IceShark	Respond to of 86076

Average PE was over 80, but the Japanese had different accounting methods and I believe PE comparisons are tough. Some guys I knew said the effective PE was higher, but I'm not so sure given all the hidden reserves and such those guys would salt away. But they also bubbled on real estate at the same time, as well as overseas investments, and everything came unglued at the same time. Given all the cross share holdings and liberal lending it was a disaster as history shows. One domino started a cascade. So it is different than what we are looking at.