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To: shadowman who wrote (49408)	3/19/2001 3:33:13 PM
From: American Spirit	Respond to of 57584

If you like pessimism check out PSIX down 78% today. If they can hang on it's a great buy. Or they could go the way of ETYS. Risky business. Sometimes they do hang in there. I remember Global Marine almost went backrupt ten years ago. Went back from .10 to $40 or something. (don't follow the stock anymore)

To: shadowman who wrote (49408)	3/19/2001 3:43:19 PM
From: Joe Smith	Respond to of 57584

Keep in mind that PE ratios must be considered in the light of the prevailing inflation rate as inflation greatly discounts future earnings. Approaching VELO's 1950 resistance.