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Old 11-05-2002   #10
cameraman
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Colin--At close of business Tuesday, Nov 5th S&P 500 PE is 49.53 !!

S&P 500 = 915.39
S&P 500 Earnings as of June 2002 was $18.48 per share

This number is the core earnings number from Standard & Poor's Earnings Page


Read this article in Business Week and you will see how American companies are still trying to fool the investor with inflated earnings.

I don't undertand how anyone could invest in something when you can't believe the numbers.
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