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Re: YankeMike post# 84711

Sunday, 10/07/2007 10:18:17 AM

Sunday, October 07, 2007 10:18:17 AM

Post# of 162848
Not to be overly critical of Wall Streets methods or anything but have you noticed even checking very good large capitalization stocks from the NYSE and Nasdaq that P/E multiples based on future earnings predictions are difficult to impossible since I have personally not witnessed too many forecasts looking out one year that have been accurate. I find that most even will not try to forecast a year in advance.

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