Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 312.76

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4:00 PM EST

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To: Return to Sender who wrote (2308)	3/19/2002 12:19:40 AM
From: Gottfried	Read Replies (3) of 95536

RtS, I know index P/Es are here to stay - but they are a terrible idea! Consider what it takes to lower an index P/E 1. all companies improve earnings a little or 2. the good companies improve earnings a lot or 3. some of the bad companies go under and disappear from the index or 4. all companies get a lower stock price or 5. the bad companies' price goes to 1 cent... or 6. combinations thereof. Grouping the companies in an index for price comparison is OK. Assigning a common P/E is not. Just look at some of the energy indices which still have Enron as a member. Worse, you're at the mercy of those who add and delete companies from an index. Another topic: linking to a Bigcharts chart made in interactive mode can be achieved by saving the finished chart in your bigcharts favorites list [top of chart], then displaying the favorites list and choosing that chart. That way the proper url displays in your browser's address window. Example... bigcharts.marketwatch.com Gottfried

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