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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (8592)10/11/1999 10:42:00 AM
From: jeffbas  Read Replies (2) of 78747
 
Paul, for those of us who have been around a while perhaps the following analogy will mean something:

Hewlett Packard is to Xerox as Xerox is to Addressograph Multigraph.

What multiple should a "cash-cow" sell at?
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