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To: GST who wrote (103520)	5/16/2000 11:28:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

>> but take a look at the charts of most of the "new economy" stocks and you see a bubble on its way to deflating -- << Actually I do keep a list of stocks that were touted here a year ago. Like ivil, eeln, efax and many others. Most are down 50% to 95%. But you know there are many value stocks that are also down 50% to 90% from their highs, and they are below book value, and have P/E's of 3 or 4 and pay 10% dividend. It just seems the process of deflating the bubble has also sunk some undeserving bystanders. In my opinion, as long as GE has a P/E of 50 the bubble is very much intact.