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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Cary Salsberg who wrote (36891)	8/18/2000 5:24:48 PM
From: Ian@SI	Read Replies (1) \| Respond to of 70976

Cary, Thanks. One point however. I don't want to address the economic indicators you listed individually, but I have a general feeling that they don't, necessarily, have a causal relationship with cycles I did not intend to imply any cause and effect relationship with cycles. Rather, I did intend to indicate a relationship with valuation, with multiples and with what the riskfree rate of return would be. In part, I was raising the Dow 36000 argument. Ian.