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Technology Stocks : SWKS - Skyworks Solutions, Inc (was AHAA) -- Ignore unavailable to you. Want to Upgrade?

To: All Mtn Ski who wrote (768)	10/27/2000 12:16:01 AM
From: Marc	Read Replies (1) \| Respond to of 1698

Tom, i've been reading William A. Fleckenstein ( a known short here on SI) and i was surprised by the Nasdaq PE, it can't be that high, no wonder it's impossible to find on the Nasdaq site. <<The P/E on the NDX is still 119. This is 4 to 6 times too high in good times. . .and times ain't good. People are fixated on the NDX all time high (i.e., we've already had a bear market) and 3000 for the NDX future, which has "held" three times (and therefore suggests at this level the market sees "value" in the NDX). Stupidity. >> siliconinvestor.com