Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 309.40

+1.0%

Dec 5 4:00 PM EST

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To: Donald Wennerstrom who wrote (6605)	11/2/2002 10:55:17 PM
From: The Ox	Read Replies (1) of 95530

Very interesting charts this week, Don. May I point out that if the SOX earnings rise from $0.50 this year to $7.21 next year that the growth rate will be equivalent to a rise of 1342%(see previous table from the post I'm responding to for expected earnings in dollars). The the current forward PE of 42 seems small in comparison. Could this be fueling the semi rally? Maybe the SOX should go up another 1300% during this next year (just) to catch up with the earnings growth rate!!! WOW. Hang on to your hats, folks.<vbg>

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