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Technology Stocks : Intel Corporation (INTC)
INTC 34.49+2.6%3:59 PM EST
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To: Mary Cluney who wrote (54513)4/26/1998 1:48:00 PM
From: gnuman  Read Replies (1) of 186894
 
Mary, re: P/E's. This approach to deriving P/E's has a number of problems.
For example, Yahoo and Excite both have billion+ dollar Market Vakue's, but negative earnings. I think you need to look at high cap stocks in their respective sectors. Software companies historically have twice the P/E of semi's. Also, throw out the small cap's, the Internet companies and companies with negative earnings. What Barons did means nothing to me. (Except that based on their numbers, Intel's profits are 23% of total Nasdaq profits! That's also hard to believe).
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