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Sure long term they should be fine, but it will be a rocky road for the next year or two. 47? What forward P/E number would price it at 47? What will the 2010 profit be $2 or $3 x 10 = 20 to 30. 2011 profit ??? There are many unknowns. Good luck to you, I would lock in some profits. Yes I sold it too soon in 20s.
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