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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (41687)2/28/2000 12:27:00 PM
From: fut_trade  Read Replies (2) | Respond to of 99985
 
Heinz, someone had calculated the P/E of the Nasdaq a few months ago, and it came out to about 400 - a close balance between positive and negative earnings. The NDX was a bit more respectable with a P/E of about 80. I wonder if the Nasdaq still has a positive P/E? What's the good of technology if the companies are losing more money than they make? They can't all be winners.