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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (5743)4/12/2001 10:28:12 PM
From: Square_Dealings  Read Replies (1) | Respond to of 52237
 
" Now, I just don't think it matters."

The fact that people are willing to pay the same price for stocks like GE when they are growing revenues 2% as when the company was growing substantially more, is either a sign of inflation, a devalued dollar, or a totally irrelevant monetary base. The value of stocks is arbitrary and not based on earnings or fundamentals is what it is implied.

M.


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