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Re: Re: [sharechat] Sell off

From:	"Warner Lamb" <cloud9@i4free.co.nz>
Date:	Fri, 1 Dec 2000 12:53:55 +1300

Last I read, the average PE on the Nas is 119x ???? Still alot of overvalued
co's there.

We are worried that ADV may go lower on a PE of 22ish!!! Others like ITC and
SMR are on or lower than NTA.

Overall we may weaken with US but not as much as there; our valuations are
coming back to fundamentals or have done so already.

Warner


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