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Archive of entries posted on 1st April 2014

They all return to lower P/Es

Ultimately they all return to 12 to 15 P/Es. The words stuck with me. Henry Blodget spoke  them on CNBC  yesterday. He’s the infamous Wall Street analyst who pushed Internet stocks publicly, but pooh poohed them privately in trashy emails. He’s been through the ringer with tech stocks. He now runs the Internet publishing company […]