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Politics : Formerly About Applied Materials
AMAT 233.63-3.0%Nov 6 3:59 PM EST

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To: Kirk © who wrote (53912)10/7/2001 11:40:15 AM
From: Zeev Hed  Read Replies (1) of 70976
 
Kirk, by the way, that is what is nice about the S&P 500 and the NDX 100 (and the Dow 30 as well), they keep replacing losers (sometimes too late) with winners. The fact that they enter with relatively high PE's simply means that the market has "faith" their growth will extend into the future.

Zeev
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