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To: Lizzie Tudor who wrote (172376)1/4/2003 4:01:03 PM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
Depends on your time horizon.

Tech in general was at much lower valuations in the mid 80's and also in the mid 90's. Microsoft was at a teen multiple in the mid 80's and Intel was at a single digit multiple. A company like DEC was below book value.

The companies that you cite have such a short trading history that your data set is too small.