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Politics : High Tolerance Plasticity

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To: kodiak_bull who wrote (18924)2/19/2003 12:34:32 PM
From: aerosappy  Read Replies (2) of 23153
 
S+P 500 EPS and P/E

Our new HTP visitor says S+P P/E is 30????

S+P says 2004 operating earnings per share will be $56.88 --
www2.standardandpoors.com.

That is closer to a 15 P/E.

Also consider that the top 10 issues in the S+P 500 represent 24% of the total value, and include a few high P/E stocks:

Microsoft Corp ..... 3.45%
Genl Electric ..... 3.03%
Exxon Mobil ..... 2.94%
Wal-Mart Stores ..... 2.79%
Pfizer, Inc ..... 2.35%
Citigroup Inc ..... 2.22%
Johnson & Johnson ... 1.99%
Amer Intl Group ... 1.89%
Intl Bus. Machines ... 1.64%
Merck & Co ..... 1.59%

Total, top 10 components of S+P 500 = 23.89%

www2.standardandpoors.com
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