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To: rupert1 who wrote (62119)5/27/1999 3:50:00 AM
From: rupert1  Read Replies (1) | Respond to of 97611
 
El: Correction to my post:

"If we use the same p/e of 25 and posit that Y2000 will be $2.50 then an appropriate price would be $62 1/2 in December, 1999. My target of $55 is conservative and allows for a lower p/e or a lower Y2000 earnings."