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Politics : Stop the War!

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To: zonder who wrote (5843)	3/31/2003 12:06:27 PM
From: Augustus Gloop	Read Replies (2) of 21614

<<The market is falling today because of his apparent hard-on towards Syria and Iran>> I support moving on to Syria. <<As anyone who has ever done a DCF can tell you, valuation is not just P/E, and has everything to do with your assumptions about the future as well as the interest rate environment. In that light, most companies (talking about those with real businesses & making real money here) are not expensive at all>> I view the market as a whole as over valued. I fully expect that if earnings don't round the corner quickly that the dow is headed for 6300 and if that doesn't hold 4700-5000 would be my next expectation. The nasdaq could go as low as 650 but I don't think it will go that low. I could see 950 though

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