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Strategies & Market Trends : Guidance and Visibility

AAPL 274.47

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3:59 PM EST

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To: Softechie who wrote (62599)	7/26/2002 1:07:45 PM
From: puborectalis	Read Replies (1) of 208838

".....None of the above analysis guarantees that we are at the bottom of this bear market. But many of the current fears about earnings quality are overdone. By the toughest definitions of earnings, the prices of stocks are now more than reasonable. History is definitive that once investors have suffered this much pain, subsequent stock returns will be very rewarding. Amid all this gloom, the market looks very inviting to me indeed." Mr. Siegel is a professor of finance at the Wharton School and author of "Stocks for the Long Run" (McGraw Hill, 1998). URL for this article: online.wsj.com

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