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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (4329)12/20/2000 12:55:27 PM
From: GST  Read Replies (2) of 57684
 
William: The more you express yourself the more scary it is to think that you influenced people with your stock picking. The pe multiple of the S&P does matter and it matters for the Naz also. A trailing pe of 90 suggests a very, very expensive market, unless of course you don't think profits matter.
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