The Stingy News Weekly (09/07/01)
The Markets This Week
DOW 30: 9,605.9 -3.46% to a P/E of 25.0
TSE 300: 7,368.8 -0.41% to a P/E of 24.1
The Value View
DOW 30 at a
P/E of 10: 3,842 down 60%
P/E of 15: 4,564 down 40%
P/E of 20: 7,684 down 20%
TSE 300 at a
P/E of 10: 3,070 down 59%
P/E of 15: 4,606 down 38%
P/E of 20: 6,115 down 17%
We have a long way to go before markets hit normal valuations of around 4,500. Never mind the low P/E ratios of 6. Keep this in mind when you start hearing about great buying opportunities this fall.
Anyone for a bit of accounting slight of hand at BCE and Nortel?
Dumb deals 101
A fun review of the consequences of a "this time it's different" philosophy.
Here come the Bogleheads
Rumour has it that infamous Bylo can be seen pictured in the print version of this article.
Questioning the cubes
Talk about a dangerous index product. The QQQs aren't for the faint of heart.
An inside job
Keep an eye on insider buying but make sure that management is actually using their own money and not just borrowing it from the company itself.
The trivia questions this week are:
The answers for last week's trivia questions are:
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