I beleive that italy can beat Holland ,because they are overrated ,but im not confident against France .

We should start thinking about Romania now. They are one of the best teams in the world and showed some stuff today that was far superior to what Italy did until now.

It's true, Italy have a much better chance against Holland then against France. France are just so good at every aspect of the game, I haven't seen any weaknesses yet, besides maybe Deschamps who is getting really old and slow.

To be true, there are several aspects about france which are not 100% (but they are still the best team all in all):

Goalie: Brathez can crack under pressure
Defensivley: They rely very much on Desailly and Thuram, who are powers of nature. Blanc is slow but intelligent, while Lizarazu ain't top-notch for me.
Midfield: Very strong, but as you mentioned Deschamps has lost a few steps. Petit also does not convince me 100% and Djorkaeff? Give him room and he'll kill you, mark him and it's lights out.
Attack: Henry is really good, fast and finishes in a decent way, Anelka however has not shown much yet.

Again, don't get me wrong, they are heck of a team and on the Italian side I could find much more things that don't work.
I just don't see France as a Dream Team, even though they are the best with the Portugese.

What I've heard, France will have a "B-Team" with only Barthez and Desailly from the first starting linup...and I guess Holland will play some other players too....