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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Lalit Jain who wrote (56140)	7/13/2000 9:15:49 AM
From: Alex	Read Replies (1) \| Respond to of 116817

<<Why is more bad news on the way? Continued overvaluations. Let's focus on the Nasdaq 100, home of the largest tech and Internet stocks. Despite the drubbing it took this spring, this index remains at five times its level of just four years ago, with a staggering average weighted P/E of 144. The enormous speculation in these stocks--by day traders and aggressive growth funds alike--is unabated. Their average holding period is less than three months. Frenetic trading at unprecedented valuations spells disaster waiting to happen.>> forbes.com