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Replies to #23856 on The Black Box
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was Steve

02/09/05 12:34 PM

#23858 RE: hardcore #23856

that is funny you say that. i initially typed NEVER in caps and then scaled it back to say probably never. though honestly i do firmly believe that it wont ever see those levels again. the groth is gone and as the growth goes, so goes the big PE's. years out they will be lucky to have a PE of 10-12. that would require earnigns of $7 a share. now about 80-90 cents