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To: pass pass who wrote (275)	7/24/2000 11:17:49 PM
From: w0z	Respond to of 620

I'm not the best person to ask since I often sell too soon, but I would look at valuations like Price/Sales, Price/Earnings, etc. These measures are similar to those mentioned in the yahoo article. I'm sure JDSU/SDLI is a great company, but is it worth ~100 times sales? As long as there are other buyers you're OK, but at some valuation there may be no more buyers...then you have a problem!

To: pass pass who wrote (275)	7/25/2000 3:14:13 AM
From: Raymond Duray	Respond to of 620

OT: "The opportunists who bought big commercial property after the last crash are now selling. What gives? Hi pass pass, Re: I'm interested in knowing what are the signs you look for right before the music stops. Here's one: forbes.com Not that I'm here to predict gloom and doom, far from it, I see things being good a while longer. But merely to suggest that the business cycle may not have been repealed after all. :)) Best, Ray