Page is a not externally linkable
- Local
-- Foo
---- The bear is still alive and well on Wall Street


Mardi_Gras - 6:35 pm on Aug 2, 2002 (gmt 0)


Any guesses on a "bottom"?

I think we have along way to go before P/E ratios get where they need to be. Amazon is trading at about 100 times projected 2003 earnings. I think that is insanity. If you don't look at the indexes, but just look at the fundamentals on a lot of the "most widely held," there are still a lot of overvalued stocks out there.

But people buy Amazon every day, so what do I know :)


Thread source:: http://www.webmasterworld.com/foo/3077.htm
Brought to you by WebmasterWorld: http://www.webmasterworld.com