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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST
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To: Mary Cluney who wrote (54510)4/26/1998 9:46:00 AM
From: gnuman  Read Replies (2) of 186894
 
Mary, Here's an interesting chart showing the P/E ratio of the S&P 500 since 1935. Note the average over time is around 15. Also, the current P/E ratio is at the high end of the historic scale, over one deviation above average. Also, I wonder how you arrived at an average P/E in the 80's for NASDAQ companies? Seems high to me.
lfcity.com
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