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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.40-1.4%3:59 PM EST

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To: Jacob Snyder who wrote (19731)12/9/1998 9:49:00 PM
From: Sonki  Read Replies (1) of 77400
 
js: mrkt will be paying higher pe for growth stocks in this enviornment thus u see shift from blue chips to future possibility of big growth.

just as an example.
mrk : down 6 today and amzn up 12 just an exagerated example.

what is making MARKET PE so high are all these stocks like MRK, PFE, GE but the earning in sp 500 is mostly coming from csco, dell msft,
sunw. so if u pick just 10-12 companies that are producing reliable earning u should do better then the mrkt.
i posted something similar on this thread on Oct. 7-8 re: mkrt PEG and CSCO peg.

so some people will buy the Market (spy) and some will buy where they see future earning growth.

good luck 2 u.
U.C. SanD a good med school?
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