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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Kid Rock who wrote (2072)2/23/2001 6:46:44 AM
From: Gofer  Read Replies (1) | Respond to of 74559
 
Still lots of room on the downside.

Based on per-share aggregate operating earnings -- profits before charges -- the Nasdaq 100 companies have a price-to-earnings ratio (P/E) of 49, based on last year's earnings. They have an even higher P/E of 53, based on this year's expected earnings, First Call said.

biz.yahoo.com