W3C - P/E ratios needed for IPO

PE ratios are now higher than before and it has become difficult to perform an IPO.

We do not think that this is a permanent problem but it may take some time for these PE ratios to return to lower levels.

To solve the current problem with IPOs, we have increased the required PE ratio level for IPOs from 33 to 43.
This might not be enough and we will check some corporations in the coming days and may increase the PE ratio requirement even more (making it easier to perform an IPO).

The change will be reversed when IPO values become lower.

Thanks Andy, that helps.

If we complain to W3C about things we don't like (and we should as customers), we should also in turn thank them for making good decisions.

Thank you for raising the P/E ratio level.

I've been consistently pleased with recent decisions.

I will go on record to say that this is a good, pro-player decision, and I applaud it!

+++++1 +1 +1 +1

Nice, Thanks Andy!!!!!!!