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To: TheStockFairy who wrote (59876)9/1/1999 5:44:00 PM
From: pater tenebrarum  Respond to of 86076
 
SF, you're quite right...700 wouldn't be the end of the world, although it may well look like it if we get there in a hurry. a target of 20 looks attractive, but is probably a bit low. i'd say minus 90% is the best we can hope for at the end of the bear market. anyway, i'd be a buyer if the S&P were to drop that far. i have a GTC buy order in for several thousand each of the dotcoms at prices ranging from $1 - $5. what i consider reasonable valuations...