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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Greg Luke who wrote (2117)11/14/1997 1:25:00 PM
From: Investor2  Read Replies (1) of 42834
 
RE: "For example, Intel is almost doubling its earnings every year."

While that may be true of the past, it may not be true of the future. Today's stock price is based on people's beliefs of what the earnings will be like in the future, not the past.

Best wishes,

I2
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