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To: Craig Richards who wrote (28091)10/13/2000 3:23:54 PM
From: pater tenebrarum  Respond to of 436258
 
i wonder where the 128 number came from then...my source i believe was Investec. probably it's not market cap weighted.

i know that the 83 NDX companies with earnings have an average p/e close to 100. but MSFT and INTC who are both large in cap weighting have recently seen their p/e's reduced considerably. well...they're expanding again today...