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To: AllansAlias who wrote (41546)	11/28/2000 4:19:41 PM
From: chic_hearne	Respond to of 436258

Screw the DOW. Its meaningless except to nanny and poppy and the popular press. Sounds like a good case of why it is meaningful IMO. When I was going through the NDX 100 making price predicitions, I realized just how disconnected the Naz has become from reality even at these levels when comparing the Naz stocks to DOW stocks. There are still stocks on the Naz that have revenues of $500 million that trade higher than DOW stocks with $20 billion of revenue. If the DOW is overvalued, then what the hell is the Naz? Soon we are going to be discussing Naz levels that people are afraid to even think about at this point IMO. The fallout will pick up speed when hope turns into shattered dreams and big money starts to give up and concedes it's going to be a 20's style wash out in stocks all over again. For now, we zig and zag up and down as hope is still alive.