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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (55862)	10/20/1998 12:25:00 PM
From: Lee	Read Replies (2) of 58727

Hi Don,..Re:I heard earlier this morning on CNBC, that the P/E for the S&P 500 is back at 27. Market Gauge also shows PE = 27.11 which doesn't sound correct. Either it's trailing and therefore not adjusted for recent rate cuts or forward and future earnings are significantly reduced. Don't know. marketgauge.com Also, included S&P chart and TA which looks pretty bullish. tfc-charts.w2d.com Regards, Lee

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