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Non-Tech : Derivatives: Darth Vader's Revenge -- Ignore unavailable to you. Want to Upgrade?

To: Henry Volquardsen who wrote (931)	4/18/1999 10:15:00 AM
From: accountclosed	Read Replies (1) \| Respond to of 2794

Perhaps this is OT... Henry what thoughts do you have about valuations of financial stocks here? Internet brokers and banks are soaring. Traditional financials are strong. Are you comfortable with money center bank valuations here? If there is not market break do you think cmb, c, etc. are reasonable? As the two forces of redistributing risk by derivatives and the financial internet progress, ther are sure to be big winners and losers. We see lots of winners in the new highs list, but few losers have been identified, imo. Comments? tia