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Politics : Ask Michael Burke
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To: Richard Nehrboss who wrote (34611)10/27/1998 10:50:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Richard, I would claim that since both are based upon after tax numbers, they are comparable. However, pe ratios tend to expand in the short term when corporate rates are cut. So, a change in rates is more pertinent than whether or not the rates are the same or even exist.

MB
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