mac.be...@teleport.ch

I never said that`s a bubble but the average investor is bad. 10 to 20
% reach to beat the index so what`s the average investor worth?! look
about stocks of industry like volkswagen or salzgitter. they are cheap
when comparing to tech stocks. the price to turn over ratio is about 7
(should be around 1-1.5 to be really good) the price to book ratio is
about 3.5 (should be 2.5 or lower).
I wanted to say don`t judge the stocks only on PE(G). the best
performing stocks have low price to book ratio and low price to
turnover ratio - in long term.
this is proven - you can research under O`Shaugnessy (What works on
wall street). if you don`t believe this then so what!

-tech stocks arent bad but they are a lot more volatile and mostly all
bad long term performers.-