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To: William JH who wrote (8109)3/6/1998 7:07:00 PM
From: Broken_Clock  Respond to of 116762
 
W-
I am under the impression that the S & P is currently trading at a 1998 PE of 22-24 and DOW 9,000would put that up to 26+. My numbers could be off but I think that fairly accurate.

I know this thread isn't for particular stocks but I am going to make an exception here and mention that SWC(which is a play on Pd) had a blockof 320,000 shares cross today. Average volume is about 50k shares. This is a stock with a high % of institutional ownership. If anyone has any information to pass on I would appreciate it...since it is one of a few stocks I consider worthy of owning long term.
iqc.com
PK