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To: durasell

I agree.

"It is a [disputed] question, whether the circulation of paper, rather than of specie, is a good or an evil... I believe it to be one of those cases where mercantile clamor will bear down reason, until it is corrected by ruin." --Thomas Jefferson to John W. Eppes, 1813. ME 13:409

The same people who deny the existence of housing bubble were also predicting DOW 25000 and NASDAQ 30000.

In the end, fundamentals do matter. If the stock of any company has a P/E ratio >10, dump the stock.


69 posted on 12/10/2004 10:51:42 PM PST by nanak (Tom Tancredo 2008:Last Hope to Save America)
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To: nanak
Where are you getting that info from? Did you make it up?

You really,really,REALLY love making yourself a laughing stock...don't do? LOL

75 posted on 12/10/2004 10:57:22 PM PST by nopardons
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To: nanak

Dear nanak,

"In the end, fundamentals do matter. If the stock of any company has a P/E ratio >10, dump the stock."

Fundamentals matter very much.

There is more to fundamentals than whether the P/E is more or less than 10.


sitetest


147 posted on 12/11/2004 7:21:39 AM PST by sitetest (If Roe is not overturned, no unborn child will ever be protected in law.)
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