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To: GST who wrote (128322)7/14/2001 1:50:15 PM
From: craig crawford  Read Replies (2) | Respond to of 164684
 
i know i'm just a simple-minded guy but how about this argument. the economy slowly bottoms out and begins to make mild progress yet many stocks don't appreciate simply because the multiples are compressing to more historic norms.

just a thought for the bulls...



To: GST who wrote (128322)7/14/2001 2:22:14 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
>-- unemployment is rising and is likely to keep on rising over the next year.
Its what the 95% of the employed are doing you need to keep track of.
>prices are too high and have not come down enough.
True, bubble stocks still have farther to fall.
>-- again, signs of a slowing economy.
Name me one person other than the Fowler/Harmond road show, who hasn't been aware of a US slowing economy since the new millennium began?


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