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To: GST who wrote (104994)6/15/2000 6:29:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
>> -- your money is on the cyclical stuff??

Well, ahem, yes. low P/E, high dividend, high book value, high and increasing earnings. You know, investments, rather than speculations. Is it too much to ask that a P/E of 4 would expand to 6 or 8 ? As a "for instance", in the past 5 days the shares of FMO went from $9+ (P/E=3) to $11.5 (P/E=4). Can they go to $20 (P/E=6) ?


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