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Strategies & Market Trends : Value Investing
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To: Brendan W who wrote (13016)9/2/2001 4:29:24 PM
From: jeffbas  Read Replies (1) of 78702
 
Brendan, if you look only at P/E's, you would never buy a stock in a recession. Earnings are supposed to evaporate and P/E's rise in tough times. I also doubt that folks who bought stocks like LPAC this year are complaining about lack of opportunity.
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