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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: sammaster who wrote (61848)6/10/1999 3:23:00 PM
From: Knighty Tin  Respond to of 132070
 
Samir, Oddly enough, the dopers and the techs will be hurt most, as they have the highest pe ratios. Every geek with a computer has to adjust his risk free rate upwards, which spits out a lower equilibrium pe ratio. And that hurts the priciest stocks the most.