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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject3/20/2001 2:49:02 PM
From: Mickey Mouse Operation  Read Replies (2) of 37746
 
I heard from an unreliable source that the average P/E ratio of the Nasdaq is now higher than it was when the Nas was at 5000 because of the steep decline in corporate earnings. Can anyone confirm this? That would mean that the Nas is even more overvalued now than it was a year ago.
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