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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator

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To: Bill Harmond who wrote (363)7/23/1996 5:55:00 PM
From: Bill Fischofer   of 24154
 
The market *is* collapsing

At least for high-PE issues. For the time being it seems just too risky to hold any stock with a triple-digit PE. This is due purely to market sentiment rather than any fundamental factors at work for any given stock.
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