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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%4:00 PM EST

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To: pater tenebrarum who wrote (51880)5/24/2000 12:09:00 AM
From: Techplayer  Read Replies (3) of 99985
 
heinz, one factor warping the average PE on the NAZ is all of the internets that do not earn money and should never have been allowed to go public. I wonder what the average would be if the mid to low tier dotcoms were removed. I also wonder what effect on the Nasdaq removing them would have. Probably not a tremendous amount. tp
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