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Strategies & Market Trends : Nasdaq 100 Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Alastair McIntosh who wrote (24)12/9/2001 8:34:46 PM
From: Alastair McIntosh  Read Replies (2) | Respond to of 238
 
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yardeni.com

The current forward P/E of 43 is approaching the 2000 high of 47. However, the expected long-term earnings growth rate is now 14% down from 21% in early 2000. Based on PEG ratio techs are more overvalued now than they were at NASDAQ 5200.