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To: Tom Byron who wrote (60699)	11/9/2000 11:00:25 AM
From: Alex	Respond to of 116763

<<One by one, the new economy stocks are crashing back to earth. The days of the earningless business model, accounting shenanigans and stock option games are over. Investors are realizing a lot of the "new era" hype is little more than an old fable in which everyone saw imaginary new clothes on the emperor... simply because everyone was told they should see new clothes. That's not to say there hasn't been increased productivity and wondrous new technical achievements. But a productivity miracle? Hardly. The only real miracle is how Wall Street convinced a gullible public that valuations and historical comparisons no longer mattered.>> tfc.com