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To: re3 who wrote (70696)10/21/1999 6:56:00 AM
From: PaperChase  Respond to of 86076
 
Geez ski, do I have to teach you everything? <g> Take a look at the Naz 100 index and all the additions and subtractions this year. It's no wonder that index has a P/E multiple of 150+. All of the new companies added to that index don't have any real earnings but they are added because they get rid of the lousy stocks that aren't going up.


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