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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: gnuman who wrote (68060)9/22/1999 2:29:00 PM
From: bill meehan  Read Replies (1) | Respond to of 132070
 
Gene, I think the Nasdaq P/E has meaning only for giving investors historical perspective and to reflect how much people are paying for hopes rather than businesses. I don't know off the top of my head what percentage the NDX is of the Nasdaq total value, so I'm not sure that it's P/E would have to be >145 or whatever the P/E is. Didn't realize their site went down, maybe it was AM's e-mail. <g>