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American International Group, Inc. |
$6 EPS times 8 P/E = $48 per share
seems to me that this is reasonable.
However, with uncertainty this maybe trade at low as book value if
there are more concerns of huge write downs.
Book Value is now $37.81(I wouldnt think this window would last long)
Dr Joe Lewis Ph.D.
Award-winning Widely-Acclaimed Investor Since 1995
"Pure genius" - www.tinyurl.com/5tsqnh