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To: Iceberg who wrote (932)	7/20/1997 10:44:00 PM
From: Iceberg	of 1894

Gottfried, clarification from the Forbes article referenced in post #928... "With all this money pouring into Nasdaq stocks, their prices have soared. The average price/earnings ratio of a Nasdaq stock stood at a mind-boggling 44 last month, up from 35 just six months ago. Compare this with the average ratio on the NYSE--20--or the American's 21." Ice

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