Ross Briggs

1 Comment

    • Best Numbers in Ten Years for Stocks [view article]
      The low P/E ratio's we are seeing relative to the market is a function of INFLATION. The denomination we measure companies in (US dollar) has dropped signifcantly and therefore companies are in the best shape in 10 years? Dollars are increasingly easy to make for large corporations, while at the same time wage earner's have not seen these benifit's therefore balooning profits and not much share movement.
      Low PE's also reflect American and foreign investor's lack of willingness to pay more for a company just because it is American, we are under a global economic shift not leaning toward America's side.

      America's economy will roar before it declines but the best pick's are msft and goog? Come on! I'm sure goog will grow its revenue but the fact that they are entering the handset market (increasing competition) in an economy losing savings and disposable income quickly.

      About your energy comments:
      The main product of oil producers has just about doubled, they were making money before, now they are making twice as much. Given, todays barrel costs more to pump than yesterday's but not twice as expensive!
      Does it seem like oil prices are going up or down? (I'd say up)
      Would that not be considered a growth oppurtunity?

      With most oil companies sitting at about 10 times earnings i don't see P/E ratio's dropping at the rate profits are soaring...

      Oh and having to buy a new CPU to run VISTA is definately what i want to do, with my -0.3% savings, tapped out home equity and raising intrest rates.... [Edited by SA]       Jul 13 11:24 AM
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