Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Square_Dealings who wrote (37486)	6/26/2002 11:30:08 PM
From: Berney	Read Replies (3) \| Respond to of 52237

MF, I have a hard time letting unsubstantiated "bogus" comments going unchallenged. The problem with your 40x PE is that you have to look backwards to achieve it. It can be likened to driving a car looking out the back window. It gives you a great view of where you've been but is probably hazardous to your health. It has about as much value as justifying values based on "page views" as was done a couple of years ago with some forgotten dot bombs. Here's the reality: spglobal.com Your 40x PE is correct. However, let's view the context. We have absolutely unprecedented write-offs of goodwill (i.e., AOL wrote off $60B). EPS is going to increase substantially just because these one-time actions are eliminated. Wish you well, but we just don't need the muckraking right now. Berney

To: Square_Dealings who wrote (37486)	6/27/2002 11:10:11 AM
From: Les H	Read Replies (1) \| Respond to of 52237

They'll have to replace a lot of stocks in the index to reach a historic normal P/E range. If you chart the price/earnings (incl. negative) for the S&P 500, there's a huge spike in the P/E to 50+ in the last year as more companies are forced to admit their real earnings. I'm not sure I would refer to the P/E as bogus. barra.com