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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Crystal ball who wrote (37617)	3/28/2001 4:09:28 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

AG did what he had to, we as investors should face the music of this deflation of this big asset bubble,if we were in the right stocks we would not have been nurt that much, the reason that I think that asset bubble should have been deflated is look at PALM imagine at 8 it is huge P/E at 60 it was disaster, so right now @ 8 if we get this right we have a goodd chance to make reasonable money in some time, instead of the quick money that we all came to expect. At 60 it was outrageous at 8 it is looking good and a good candidate for position long term.. with less risk premium at 60 I would discount this income stream by 255 at 8 may be much less risk premium. But market does give pain and you need to know that no pain no gain..