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To: Mike Buckley who wrote (26732)4/11/1999 1:12:00 PM
From: Valueman  Respond to of 152472
 
Mike:

I wasn't making exact parallels between then and now, just trying to point out that there are times when the average P/E has been 6 instead of 60, and dividends were significant, etc. I do believe not too many years prior to this early 70's time period we had low unemployment, low inflation, and all the other points that make life good. We had muscle cars instead of SUVs, though. I have invested right on through all this present craziness, but I must admit I am running out of good ideas unless I dig through the smaller and smaller caps. How does it go from here? Beats me--I just work here.



To: Mike Buckley who wrote (26732)4/11/1999 1:39:00 PM
From: marginmike  Read Replies (3) | Respond to of 152472
 
there was also a war in Vietnam, and a war about to begin in the middle east. If I am correct the Oil crisis is what caused the collapse. What will be the cause now. Y2K?