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To: who cares? who wrote (127798)	10/5/2001 6:54:08 PM
From: patron_anejo_por_favor	Respond to of 436258

<<Best part was Seidman pointing out bear markets typically end with 10-12 p/e's, not the 20's we have(arguable that it's even that low) and Batty gives a great new economy hocus pocus explanation why 20 p/e are like teen p/e's in the old days.>> Seidman was fairly clownish last year at the onset of the bubble collapse, but he's gotten true religion of late...guess he's seen enough bubble collapses in his time to know they don't end well.