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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 158.44-2.3%3:52 PM EST

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To: Jacob Snyder who wrote (9713)4/16/2001 5:04:22 PM
From: John Cuthbertson  Read Replies (3) of 10921
 
"And, if the Nas went to 800, what would its PE be?"

The answer to this question, it turns out, is "infinity!" Or, depending upon your preference, "negative," because the total net earnings of the NASDAQ Composite is now actually negative. If you're interested (and if I may be permitted a bit of self-advertising), here is a link to a little article that I co-wrote on this topic: faimllc.com

==John C.
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