The Black Box

[wahz]

I think this market has become the cheapest one of my life.

Its as if Oil hasn't compressed the economy but it compressed pe's.

I don't have any recollection of seeing ps ratios on things that grow be commonly at 2 after cash. I have no memory of acorss the board peg's of .5. Alough i recall intc at a pe of ten and msft at a pe of 19 in the early 90's, I recall a lot of others that has peg's of 1

I don't know if I have ever seen a reaction to e like what happened to bcsi yeserday. They beat and raised by ten% across the board and because gm's changed by 1.5% the stock got hammered and its pe is now around 15. A recent 70% grower at a pe of 15. I have seen that but only if it was something quirky like netflix

amazing times