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To: BGR who wrote (116243)4/11/1999 3:15:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 176387
 
I think the S&P forward PEG is a bit of a red herring because there are some companies that have little or no earnings and trade on the basis of perceived net asset value. Also, mergers frequently drive earnings negative on mechanical screens, but analysts routinely ignore these one-time charges. I would love to figure a way around this because I think CNPEG is useful. I just think that the forward PEG of the S&P is overstated.

TTFN,
CTC