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To: Sam Salomon who wrote (207327)11/30/2002 11:03:45 AM
From: marginmike  Read Replies (1) | Respond to of 436258
 
well lets remember that the overall market has been in decline since april 98 and that univers of stocks has lots of value. At the bottom there were many stocks at or below book value, and sometimes 1/2 cash value. However the fact is stocks can remain overvalued for years.