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Strategies & Market Trends : Buffettology

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To: James Clarke who wrote (1146)	3/15/1999 5:32:00 PM
From: Michael & B.Anne	Read Replies (1) of 4691

" Reading between the lines, he is trying in vain to point out to investors that the market is not trading at 28x earnings, which itself would be without precedent, it is trading at more like 40-45 times economic earnings. This statement should be rocking the market today, but everybody's ignoring the obvious conclusion. JJC **** JCC I think you got it just right .. I am thinking of selling rare tulip bulbs on the internet ... look for my site and IPO soon tulipbulbs.com ... it has to be a winner. I only wonder if I still have time. sigh

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