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To: John Pitera who wrote (53804)	7/30/1999 8:36:00 PM
From: bill meehan	Read Replies (1) of 86076

John, as I understand it, his premise is risk premium for equities should be zero. I can't for the life of me understand why risk premium shouldn't be negative, stocks only go up in the New Era. Target should be at least 6-digits. <G>

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