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Pastimes : Bad investing information/advice on the net contest
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To: The Other Analyst who wrote (3)7/14/1999 3:07:00 PM
From: The Philosopher  Read Replies (2) of 214
 
And keep in mind that assuming a company has an infinite life, the sum of the stream of future earnings, even if discounted, is theoretically infinite. Divide that by the stock price, and the value of every stock is infinite. Wow. We're all rich! (As long as we can wait until infinity to collect!)
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