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Strategies & Market Trends : Guidance and Visibility

AAPL 267.46

-1.9%

Nov 17 3:59 PM EST

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To: RKHIII who wrote (10035)	8/8/2001 10:38:58 PM
From: ChrisJP	Read Replies (1) of 208838

Hi RKHill, P/Es are still too high by historical measures. Something like 20% overvalued (AT LEAST) for the S&P500 and probably 40% overvalued for the NASDAQ. Sooooo maybe S&P500 should be at 900 to 1100 and NASDAQ should be 1200 - 1400 ? I'm pretty sure that is lower than where they are now. Chris

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