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To: re3 who wrote (121195)	3/21/2001 4:02:24 PM
From: 16yearcycle	Read Replies (2) \| Respond to of 164684

I get it Ike, but then they should be counted at Dis and axp and msft and intc and ge and ko and........ They aren't counted and they won't be. We go by o.e. Remember when the bears wanted to back in the acquisitions too? Well, that issue is dead too. Bottom line is what a company e .60 and dominating the infrastructure will earn over the next 10 years, and therefore what it should be worth. I think its worth more than 30, but...here is an important point...unlike some, I am under no illusion that it matters what I think.