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Old 11-20-2001, 01:40 PM
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Default Re: Barron\'s Column 11/11/01

If I understand correctly you aren't interested in what the fair value is for an index, is that correct? I always thought that valuations based on future earnings are the ultimate benchmark. Could be wrong but I also thought that the value of a company among other things is based on what it will earn in the future. However, I can accept that your apparent position that future earnings aren't important and I'm not being facetious when I say this either.
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