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To: marginmike who wrote (73405)	6/6/2000 12:50:00 PM
From: limtex	Read Replies (1) \| Respond to of 152472

mmThe historic PE's are to high and growth rates are unsustainable. If the old economy slows eventially so will the NEW. The high fliers might still grow 30% but the 50% yoy growth days for the momo's are done Well that used to be true of the old economy but not today. For instance SDLI will sell more and more pump lasers no matter what the old economy does. If their customers don't buy them their businesses will suffer and perform very badly. ....so SDLI will grow its sales....so will QWST os will QCOM so will LU so will ARBA etc etc. The old days of cutting back on capital equipment and new technology are what is over. And after the summer...into the election period.....more M Greenspan?......I think not. Best regards, L