Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: puborectalis who wrote (7925)	11/25/2001 10:52:33 PM
From: sylvester80	Read Replies (2) of 99280

I also seen record car sales but car companies are losing $8000 per car with 0% financing (or free money). I wonder what happens next quarter when everyone that wanted to buy a car with free money would have one. I thought it used to be that we valued companies on price to earnings. Did something changed? Companies are losing money and selling stuff below cost. Just like the furniture company we bought some furniture below cost this weekend who are down 40% from last year.

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