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To: SOROS who wrote (130354)10/19/2001 11:05:28 PM
From: Les H  Read Replies (3) | Respond to of 436258
 
One investor bought 810 puts

hindustantimes.com

Looks like Osama's location is well known

hindustantimes.com



To: SOROS who wrote (130354)10/19/2001 11:29:43 PM
From: LLCF  Respond to of 436258
 
<NEW YORK (CBS.MW) - Price-earnings measures that show U.S. stocks as historically cheap are misleading and probably dangerous, says fund manager Clifford Asness at AQR Capital Management in New York City.>

There have been intelligent people saying all through the bubble and since this very thing... yet the wall street hype machine and the techno nerds ignore the whole issue and assert that 'this time it's different'.... literally [see BAM's advert]! The whole thing is a train wreck in progress, while the engine has driven off the bridge that's out, the pullmans [I bankers] are still tossing shrimp in each others mouths and chasing it down with champagne in the rear of the train. Sad.

DAK



To: SOROS who wrote (130354)10/20/2001 6:57:42 PM
From: RocketMan  Respond to of 436258
 
His research puts price-earnings for the benchmark S&P 500 at 26 for the 12 months ended Sept. 30.

That's a 4% yield, and the 10-year bond is at 4.6%. So stocks are only a bit below the bond yield and, as we know, stocks are no riskier than bonds <VBG>