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To: vip who wrote (56559)	8/6/1998 10:33:00 AM
From: MichaelW	Read Replies (1) \| Respond to of 176387

Who, Ralph Mouth? DOW 7000, DOW 10000, DOW 7000.

To: vip who wrote (56559)	8/6/1998 10:35:00 AM
From: Moominoid	Respond to of 176387

SO which stocks are undervalued then?? The problem with this thread right now is, everyone is trying to be Ralph Acampora!!!!! Unlike Ralph, I've been sticking to the same line since i've been on SI. Examples of undervalued stocks: nsm,aapl, swy,sne, aapl,u,le,pga could go on and on - I have a long list.

To: vip who wrote (56559)	8/6/1998 10:35:00 AM
From: Lee	Read Replies (3) \| Respond to of 176387

VIP,..Re:<< But it's much too high no matter what the earnings report is.>> Everyone that says the value is too high but don't say what the value should be. According to Larry Kudlow, and others, with inflation at an all time low and interest rates low and trending lower, the S&P could support a PE of 30 even! So the view is entirely dependent upon where you're standing! Some folks just want to stick to historical standards and others might want to consider current contributing factors. Plus, for some of us, our view is definitely skewed toward the future. Regards, Lee