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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Bilow who wrote (9303)11/24/1997 8:55:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 18056
 
Bilow: What is the corporate base for these cash flows? Note that in 1966 the CF was 286 and the DOW reached 1000, while in 19997 the CF is 2765, does it means the dow should be at around 10,000 give or take (?), well, to tell the truth it then went straight down (in few steps) to 500 and stayed there nore or less until August 1982, so we should expect about 5000 as a low. But not this time, IMHO.

Zeev


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