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To: Don Green who wrote (47256)	7/14/2000 7:11:17 PM
From: jetcityrandy	Respond to of 93625

Gloom and doom all over again. What losses?

To: Don Green who wrote (47256)	7/14/2000 8:31:37 PM
From: Jerry Miller	Read Replies (1) \| Respond to of 93625

(yawn)

To: Don Green who wrote (47256)	7/14/2000 11:54:59 PM
From: jim kelley	Read Replies (1) \| Respond to of 93625

Re: Dreman and bear market volatility. I have the VIX at 22.61! This is hardly record volatility. In fact volatility has been shrinking for the past 5 months. The one month average volatility for the Nasdaq is .31. As for "staggering average weighted P/E of 144", he fails to define what his weights are and thereby renders his statement meaningless. In fact, if the the P/E's of the Nasdaq stocks are capitalization weighted they will be no where near the "P/E=144" he is referencing. So Dreman gets a flunking grade for getting his facts wrong and neglecting to define his methods.