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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (2083)	7/15/2002 9:32:55 AM
From: stockman_scott	Read Replies (1) \| Respond to of 89467

Pru's Yardeni: "..market may remain undervalued for awhile"... 205.232.165.149 <<...In the past, when the market was this undervalued, stock prices rebounded. This time market may remain undervalued for awhile because of concerns and uncertainty about corporate governance crisis. Tech forward earnings flattening this year after briefly rebounding late last year. 2002 earnings expected to be down 1% from 2001. 2003 expected to be up 64%, but only back to 1998 level. Tech P/E was still relatively high in June. Prior to 1998, it tended to be about the same as overall market’s P/E...>>