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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: vampire who wrote (75926)6/7/2002 12:08:57 PM
From: Ted Downs  Respond to of 99280
 
so what would the p/e be at 400...500?

Who knows because you have to be able to determine who is hedging and what price they are doing it etc. You also have to know their cost of production not just an industry average. You also have to calculate the millions of shares of gold stocks outstanding and their are zillions.

Which leads me to believe the gold plays going on right now are momo action like the techs went through in '99-2000.

BWDIK