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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Les H who wrote (31397)10/25/2000 11:10:53 PM
From: chic_hearne  Read Replies (1) of 436258
 
It would be interesting to get a calculation on the Nazdaq 100 based on what traditional fundamental investing used to be. Breakdown the Index stock by stock and then recalculate based on the guess prices of "fair" value. Whatever this value is, I guess we go down an additional 25% before a real bottom is hit. As I've read over and over, you don't go from overvalued to fair value. You go from overvalued to undervalued before making any attempt at reaching fair value again. Any idea what this number would be?
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