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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (41992)2/6/2001 5:44:27 AM
From: DukeCrow  Read Replies (2) | Respond to of 42787
 
I believe the Naz may still have a P/E around 100, but the NDX is now around 66.

From marketdata.nasdaq.com I divided the total market value by the net income. However, that is data from the end of December (P/E of ~62) so I extrapolated the NDX's current total market value from today's closing price as compared to the closing price at the end of December (~1.05x multiplier). We'll have a more accurate picture once January data is posted.

Ali