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To: Bill Harmond who wrote (11428)5/8/2002 6:24:05 PM
From: techanalyst1  Respond to of 57684
 
Exactly.... that sector has held up well (not withstanding yesterday's move down).... the street knew that those companies were ok from an earnings side. Valuation seems to be on the high side, but that's no reason to think that it absolutely must head lower, something the shorts figured out today.

TA