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Strategies & Market Trends : The Stock Market Bubble

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To: Giordano Bruno who wrote (2832)	7/18/1999 5:44:00 PM
From: Skeeter Bug	Read Replies (1) of 3339

jj, this is for pc... >>In the past decade, the U.S. technology industry has created wealth on scales long unimaginable. Numbers that seemed impossible are reached and passed almost daily...<< talking, of course, about empirical earnings, right? >>as stock values continue their ascent. Some days it's Internet companies, others it's hardware makers. Yesterday it was Microsoft, producer of the Windows software that runs on most of the world's personal computers.<< wrong. why not talk about msft's booming business growing at about 1/3 its pe? doh! i just answered that question. msft's empirical numbers aren't that great relative to a half tril stock, therefore, no need to discuss them. only emotional folks would care about valuations and the like while analytic types buy thing b/c they go up and stop setting price targets b/c they are surpassed so quickly and then they have to reset new ones.

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