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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (17033)	2/18/1998 3:51:00 AM
From: Brian Fukuba	Read Replies (1) of 50167

Hi IKe, Re: Message 475760 Just popped in(my ISP busy all night downloading IE 4.01 for the kid's PC). Could not find "combined earnings" on the DOW for the formula, although I'm sure it's probably easy to find. Perhaps someone could post it and complete the calculation??? Here's Consumer Price Inflation: 1.7% dismal.com and prime rate: 8.5% 147.226.71.57 Plugging those figures into the formula: 200 / {inflation rate + prime rate } = the DJIA PE + or - 10% the Dow 30 should have a PE of 19.6 good night. bri

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