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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (14431)10/29/2002 3:54:43 PM
From: Bruce A. Brotnov  Read Replies (1) | Respond to of 16631
 
I see some very good earnings. Poormans model has 9 stocks and only one has a PE higher than 14.50 with 5 less than 10 and the one higher is a medical related stock with PE of 24.50 and the sector is 36.

The 90 stocks in the database have a PE average of 17 and I don't think that is so high. Sure there are always high PE stocks out there, but nothing like 1999 and early 2000 when the .coms went ballistic.

bruce