Minimized P valid XHTML?

It seems that minimized containers validate ok, e.g.:

<p />

This seems to be contrary to the XHTML 1 Standard that says:

All elements other than those declared in the DTD as EMPTY must have an end 

Is it a bug?

Osmo Saarikumpu
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Received on Wednesday, 28 March 2001 12:33:31 UTC