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Politics : PRESIDENT GEORGE W. BUSH
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To: DuckTapeSunroof who wrote (383679)4/1/2003 4:18:44 PM
From: Techplayer  Read Replies (1) of 769670
 
Buddy, The rates of return have been coming down (IBM for example). When pension accounting and stock option accounting changes are implemented, the PE of the markets is going to skyrocket.

The other issue is that pension funds are apparently underfunded by 100-150 billion. that would have a positive effecto on the markets...
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