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Technology Stocks : Semi Equipment Analysis
SOXX 306.28-1.0%Dec 4 4:00 PM EST

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To: Return to Sender who wrote (10182)6/18/2003 11:54:05 AM
From: Kirk ©  Read Replies (1) of 95525
 
Good charts from Barrons showing "Ample Liquidity" as well was why some feel the S&P500 is relatively cheap using the Fed Model (which I monitor and I get the same numbers the chart shows.)
suite101.com

Based on projected 2003 earnings, the P/E ratio of tech to non-tech stocks is at the high end of the range for the past five years, except for bubble period in late 1999 and 2000. Prior to the late-1990s tech boom, the tech sector never traded at more than a 50% premium to the rest of the market.
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