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To: Terry Whitman who wrote (21539)9/25/2000 8:58:22 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
at 721 it'd still be vastly overvalued...cyclical industries deserve single digit p/e's in normal times, high p/e's only when their earnings are cyclically under stress.

due to no SNGR, NG keeps hitting new highs...and oil will soon shake off the news. especially with everybody falling over themselves and each other predicting $20,- bbl. all of a sudden. i'll believe it when i see it. $20 is possible if there's a painful recession...not otherwise.



To: Terry Whitman who wrote (21539)9/25/2000 8:59:12 PM
From: IceShark  Read Replies (1) | Respond to of 436258
 
I should turn on the tube, but didn't some russian do nearly 700 lbs overhead?



To: Terry Whitman who wrote (21539)9/26/2000 3:58:12 AM
From: AllansAlias  Respond to of 436258
 
Smelly H&S measures to more like 680 than 721. I'll take either though. -g Let's start with getting 820 to fall.


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