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To: Nichols who wrote (53477)1/3/2001 4:09:01 PM
From: marginmike  Read Replies (1) | Respond to of 436258
 
Nichols, you have no grasp of reality. 1)PE on Naz at todays levels is still close to 100 and growth of earnings may be 20% this year, if you are REALLY LUCKY. 2)The whole growth of Nazdaq was based on Money printing, and IPO's coming public funneling through the system. This was not real growth but manufactured by Monetary policy 3)US economic expansion is due to end its carried 10 years without a break, trees do not grow to the sky.


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