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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jenna who wrote ()5/9/2000 11:30:00 AM
From: dan36  Read Replies (1) of 120523
 
OT: CNBC and others yakking about high PE's and most people have long since turned to PEGs as a measure of value. Many of these high fliers have PEG's which are totally out of control. I recently checked the PEG of AMCC for example, and if I'm not mistaken, it was over 3. Standard guage for "overvalued" is >1.5 i think.
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