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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Duke who wrote (105443)5/29/2001 9:39:37 PM
From: Earlie   of 436258
 
Duke:

I'm bearish on the lot of them, primarily because there are so few customers for their products..... at least for the next year or so.

They are priced for perfection even as they face a Tsunamai. I am reluctant to suggest how far they ought to fall. If some sense returns to the markets or if the public starts to pull out, they could return to normal commodity PEs, which would be a cratering if ever there was one. Personally, this is exactly what I expect, but it might take much more (or much less) time than any of us might expect.

Best, Earlie

Best, Earlie
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