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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: vampire who wrote (3233)11/5/2001 5:10:53 PM
From: Steve Lee  Read Replies (1) | Respond to of 99280
 
"Someone posted that top 20 or 25 Naz stox are sporting 25 or 30 collective P/E's"

I wouldn't base your opinion of bubbleness on one person's post. That P/E range is underestimated by 50%. I have done the calculation.



To: vampire who wrote (3233)11/5/2001 5:16:46 PM
From: Zeev Hed  Respond to of 99280
 
I calculated over this weekend that number for the top ten (trailing except JDSU) at 50 plus, if you take JDSU $50 B losses in the last 12 month, it erases all the gains of the top tens and then some....PE infinity (G).

Zeev



To: vampire who wrote (3233)11/5/2001 9:45:49 PM
From: LTK007  Respond to of 99280
 
<Someone posted that top 20 or 25 Naz stox are sporting 25 or 30 collective P/E's - not cheap but not bubble range (esp if expectations were to start increasing)> that someone i suspect is blowing bubbles themselves as that just isn't correct.Max


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