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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Les H who wrote (33940)	11/22/1999 10:36:00 AM
From: Les H	Read Replies (1) of 99985

"I?m not a stock man. Not that I don?t analyze stocks or don?t have opinions about stocks. I most certainly do. I?m a founding architect of the 1990?s Brave New World thesis about stocks, and believe that equity P/Es should be permanently higher than the 1970s-1980s, for (at least) four reasons: pimco.com Half-Brainer: also a good article by Bill Gross pimco.com

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