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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Pink Minion who wrote (46134)5/3/2001 1:49:58 AM
From: brunn  Respond to of 70976
 
Double normal valuations does not make a bubble. Try 10-100 times normal valuations.

I was talking about the Nasdaq. I do not believe the index was ever much more than 100% overvalued--a lot of real companies had shown quite impressive growth when the Nasdaq was peaking. Now within the index there certainly were hundreds of companies that not only reached 10-100 times normal valuations, but actually should never have existed at all.


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