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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Joe Sabatini who wrote (18938)4/22/1998 12:47:00 PM
From: The Vinman  Read Replies (3) | Respond to of 70976
 
<<S&P PE of 35 to 40>>

If the S&P gets to a PE of 35 to 40, which it never will, that would be close to where the Nikkie was when it hit 40,000 in a similar market environment, and we all know where the Nikkie is today.

Good Luck

Vinman



To: Joe Sabatini who wrote (18938)4/22/1998 9:17:00 PM
From: kenya  Read Replies (1) | Respond to of 70976
 
Greenspan and crowd will not let the market get that over valued and risk a meltdown/severe recession. I believe they are extremely concerned with market's current disregard for earnings and may very well raise interest in May.


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