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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (112190)5/23/2000 5:24:00 PM
From: chic_hearne  Read Replies (1) of 1570352
 
You keep making statements to the effect that valuations are out of line. This is simply not true in the semiconductor industry. These companies are (were) doing great.

Scumbria-

You just stuck your foot in your mouth, so you justify that statement.

FACT 1)- Average SOX stock P/E is currently 109.94

FACT 2)- Average S&P stock P/E is currently 28.41

FACT 3)- SOX closed today at 870 and has a 52 week low of 363, in other words up well over 100% in the last year

Please explain yourself to me...

chic
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