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To: Paul Engel who wrote (41009)11/24/1997 5:42:00 PM
From: Joey Smith  Respond to of 186894
 
re:Some will underperform and some will outperform.

As usual, the trick is to pick the winners.

And, my guess would be good companies with a trailing PE of 20 will outperform good and bad companies with a current PE much higher...

joey