SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: marginmike who wrote (113959)2/21/2002 9:27:13 PM
From: pinhi  Read Replies (2) | Respond to of 152472
 
Mike, at the bottom of the '73-'74 bear market, the PE on the S&P 500 fell to about 8. IF S&P earnings rebound to $55 as some firms are saying, the PE would be about 20. Kinda scary. I realize interest rates are lower now which allows multiples to expand, but we may have more to go.

Pinhi



To: marginmike who wrote (113959)2/22/2002 1:01:22 AM
From: sun-tzu  Respond to of 152472
 
good. this one broke the lower end of a trading range dating back to july, 2000. not pretty at all.