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Tiffany & Co. Message Board

  • wade4profit wade4profit Aug 27, 2012 8:34 PM Flag

    All about next year

    To buy this stock here you have got to believe that rich people won't be affected by a likely global slowdown in 2013. I don't believe this, and, anyway, a global slowdown certainly means fewer folks entering the class of the rich. If next year's earnings estimate gets chopped down at some point the PE ratio on this thing will go down at least to 14-15, instead of 17-18.

 
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