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Politics : Formerly About Applied Materials
AMAT 233.63-3.0%3:59 PM EST

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To: Zeev Hed who wrote (53910)10/7/2001 11:10:05 AM
From: Kirk ©  Read Replies (1) of 70976
 
Interesting.

IF you assume long term growth is never really more than 20%... you get a peg of 1.5. I believe this is quite favorable to GE and the S&P500. Of course, if they keep removing the losers from QQQ and replacing them with high PE stocks with no earnings... the quality stocks in the index could go up while the index itself could go lower.
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