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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Real Man who wrote (157106)3/25/2002 5:57:50 PM
From: Les H  Read Replies (1) of 436258
 
I think the model was created in mid 90s to try to justify the prices at the time. Wasn't the model applied versus stock prices from 1982 onward, and is untested against periods with comparable low interest rates but lower valuations such as the 50s?
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