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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?

To: borb who wrote (1777)	3/17/1999 3:31:00 PM
From: Professor Dotcomm	Read Replies (2) \| Respond to of 3902

I agree. There is a sea change happening. The calculations come from Bloomberg who provide this info for all major indices. For example the DJIA at the same time was being shown with a p/e of 25.70 and 21.42 (next yr est.). All I can think of is that there are large cos. that are in the index with huge negative p/es resulting from losses that distort the overall average. One other consideration. Are Japanese reported earnings (or losses) the same as ours? Dotcomm