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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Dave who wrote (50280)3/22/2001 11:47:42 AM
From: GVTucker  Read Replies (1) | Respond to of 77399
 
The current mean estimate of S&P 500 earnings is $59.95. This number is undoubtedly too high. It has been coming down fast, 37¢ in the last month.

If the S&P comes in around $56.00, a 15 PE would be 840. (Last year the S&P earned a little over $57.00)