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To: pater tenebrarum who wrote (71371)	10/22/1999 10:02:00 PM
From: BGR	Read Replies (1) \| Respond to of 86076

Coke at PE of 40 is overvalued Heinz, in comparison to say SUNW at PE of 60. It was the comparative valuation argument made by Ike that ticked me off. Good to know that we are in agreement here. As you know, I think that the market is efficient and market valuations are always accurate. I won't debate that any more, though. As for Luc, he has been wrong so many times in the last two years that it is high time, IMHO, that he develops some humility, instead of trying to assure himself with macho hohoho's. -BGR.