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To: Bill Harmond who wrote (26306)11/17/2005 1:31:39 AM
From: Elroy  Respond to of 57684
 
I don't know whether it's true, but I heard from a trusted market friend that US tech stocks are the cheapest investment assets globally now.

Of course it depends on which valuation metric used.

The forward 12 months PE for the S&P 500 is ~15.7x.

S&P tech is ~21x.