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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: marginmike who wrote (50709)12/22/2000 11:17:16 AM
From: KyrosL  Read Replies (1) of 436258
 
I think many of the NASDAQ generals sporting P/E ratios above their growth rate will be cut down substantially recession or no recession. The bubble psychology has been broken and people will not buy fantasy companies anymore. If the market perceives no recession, I think we will have a rally but it's going to be value stocks.
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