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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 215.18-2.1%Dec 2 3:59 PM EST
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To: Paul Engel who wrote (1041)7/18/2000 3:11:46 AM
From: EricRRRead Replies (1) of 275872
 
There's no such thing as bogus profits - PROFITS ARE PROFITS !!

What price to "earnings" ratio would you assign to a closed end mutual fund which converted 2%, 4%, 8%, 16% ... of their equity positions to cash each year?
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