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Strategies & Market Trends : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?


To: Andrew H who wrote (340)11/3/1997 5:38:00 PM
From: Money Mood  Read Replies (2) | Respond to of 4916
 
My calculations show PE=37.85 (for 8 out of ten top holdings). Looks high for a value company, but not for a growth one. If Dow holds on these levels I'll be looking for an entry point to buy FSESX. Does anybody know Bernie Kaplan's historic performance?

V.



To: Andrew H who wrote (340)11/3/1997 6:01:00 PM
From: bob smith  Read Replies (1) | Respond to of 4916
 
Hey Andy, Now you have joined the right party! Hope you came alone...<g>
Much happyer faces, lots more optimism and also some valuable info. here,compared to the other place..

On the other hand,think of all the good wine you be drinking soon....:-)

>> FSESX had a very nice day today. Wish I had been fully invested. Up about 3% last I
checked.<<
BTW FBIOX didn't do that shabby either. It's up 2.15% today..

Bob



To: Andrew H who wrote (340)11/3/1997 8:28:00 PM
From: Dennis  Read Replies (1) | Respond to of 4916
 
Andrew, PE

Man, 31 sounds pretty high to me. Can they sustain this through next year??

If fsesx has a 37.4 pe, how can the beta be below 1 ?? .70 I think.

Dennis