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To: ild who wrote (107858)	6/10/2001 7:03:03 AM
From: Earlie	Respond to of 436258

Ild: His last sentence is the important one. Investors are currently paying astronomical prices for tech stocks in the hope that revenue and profit growth will once again return to the 30-40% growth witnessed half a decade ago. This is more than "highly unlikely". Many former "darling stocks" operate in areas that have been fully commoditized, and end market saturation is a nasty reality. It's like agonizing over a lost love,..... he/she is probably not going to return. Not that we should complain. It is from such extended market perceptions that great shorting opportunities are born. Best, Earlie