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To: yard_man who wrote (1276)	10/4/2000 12:24:22 AM
From: gregor	Respond to of 1283

Barry: I guess we are near the long term average at 12-16 but the other half , those not selling for 16 pe are a lot higher, so the pe of the whole s&p is way up there . Why didn't you give me a lecture on bandwidth before I bought Flag telcom. You are correct on that one. But OTOH I feel that at worse there is still an oligopoly in the telecommunications carriers with a limited few able to compete. Consider cable TV. Everyone thought that competition would bring the rates down. Most of the big boys are so heavily in debt that cannot afford to bring the rates down. Then they are spending so heavily to be competitive with DSL lines and the phone company. Or consider that optical is getting dirt cheap in terms of capacity. But start laying optical down the street where you live and see how competitive it is . That is the reason I feel you have to go with the guys that have the deepest pockets, and why they will still make big bucks .. got a post to you over on the Ask/Receive thread... In Christ....gregor

To: yard_man who wrote (1276)	10/7/2000 12:44:42 AM
From: gregor	Read Replies (1) \| Respond to of 1283

'Tip' I have a bad feeling about Monday and the market; don't panic if I'm right. It will rebound soon after. Monday is Yom Kipper: A day of judgement !! Scary !!! IF IF IF someone is not under the shed blood of our Lord......... Yom Kipper is Hebrew for Day of Atonement. It is a day of fast on which no work is done which is observed in Israel ten days after Rosh Hashanah, the fall new year. It is the most solemn festival on which people traditionally deprive themselves from not only food but bathing, cosmetics, and sexual intercourse. The day is usually spent chanting in the synagogue. In ancient times, this was the only day of the year that the high priest entered the innermost chamber of the Temple, the Holy of Holies, offering incense, a symbol of forgiveness. One goat was sacrificed while another, the "scapegoat," symbolically took on the sins of the people and was driven into the wilderness. Jewish tradition looks to Yom Kipper as a day of judgment. Christians use the theology of Yom Kipper to explain Christ's death on the cross. They recognize "the blood of Christ" as the sacrifice which took away the sins of the people.