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To: Sandy who wrote (3290)8/11/1998 2:03:00 PM
From: Sedohr Nod  Read Replies (1) | Respond to of 5936
 
Sandy

You seem be the light and I seem to be the dark....but there comes a point in the cycle where low interest rates and possible deflation become a negative......There some is function of demand in the price of money...lower interest rates denote a lack of demand for money and there is a good reason why there is no pricing power....prices are not static because corporations are trying to be nice to us....



To: Sandy who wrote (3290)8/11/1998 2:11:00 PM
From: Sedohr Nod  Read Replies (2) | Respond to of 5936
 
Of course I have been wrong before and the way to true bliss may just be as simple as buying stocks that may one day may have a p/e at prices over $100 a share or just buying the favored few at ever higher levels since it seems every one else is doing it.....Don't think that is how a man like John Templeton made his money.....whooops ...I mean Sir John....