Yes, but with the caveat that it's K2, not Everest, that's the tallest peak. But only by 600 ft. :D
On reflection, and to nitpick a bit more.
Everest [Chomolunga] rises from a plateau at 17,00 feet altitude, K2 from one at 16,500 Foot. Denali [Mt. McKinley in Alaska at 20, 564 ft. rises...