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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Knighty Tin who wrote (287968)5/22/2004 4:53:14 PM
From: Michael Watkins  Read Replies (1) of 436258
 
Anyway, the Top Ten stocks in the Fido Aggrieved Growth comes out at an average PE ratio of 900 times. (he counts the 3 stocks without earnings at 200 times) Somehow, this nimno is trying to use such mundane valuations to say that the market could be frothy here. Ha, what a joick!

I seem to recall reading that its a new era, PE doesn't matter.

Or did I miss the 'new era' memo of 4 years ago? I can't remember, its all so complicated for us 18% ers.
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