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Strategies & Market Trends : McAfee Associates (MCAF)
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To: Amadeo Zevi who wrote (296)12/11/1996 11:29:00 AM
From: Tim Robbins   of 298
 
Amadeo, Looking at a P/E based on the past 4 trailing quarters is a
worthless exercise since stocks are valued and traded based on what
a company is going to do, not what it has done.

So your 85 number is probably correct based on the past 4 quarters,
but it is not meaningful.
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