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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: mister topes who wrote (9842)	11/13/1999 4:35:00 PM
From: Justa Werkenstiff	Respond to of 15132

Don: Thank you for the clarification. It makes sense to me. But where does the NASDAQ multiple top out? I wonder if that multiple is higher now than in mid July and I wonder what that says about the condition of the overall market going forward. Oops, I just heard Bob say it is now 60x 2000 earnings after taking out the 5 companies with no earnings. If we have had multiple expansion in the NASDAQ since July, can the S & P 500 be far behind with 25% of the S & P 500 in technology?