Replies to post #105643 on Savvy Trades and Investments

[valuemind]

Wade, your number is wrong:
Nasdaq 100' pe ratio was over 100% during the internet hype of 1999/2000, compared with about 30 only at present. During early 2000 mania, the pe ratio for the top 3 tech stocks, Microsoft, Cisco (CSCO) and Intel (INTC) is 65, 196 and 69 respectively, but right now the pe ration for 3 top tech stocks, apple, microsoft and google is 31, 37 and 27. As a result Nasdaq need rise another 300%+ to catch the over valuation of 1999-2000 internet bubble.