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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject3/30/2001 1:49:54 AM
From: besttrader   of 37746
 
I think the whole thing might be summed up from what I heard tonight.
A caller to a stock radio show tonight said, "SUNW is cheap at 14. I'm buyin it".
The stock guy said, "Just because a stock is under $20 doesn't mean it's cheap.
It could go to $8, that's a 40% drop. The caller didn't seem to "get it". Looks like
the investing public is a bunch of little children that still need to learn their
elementary math skills. No lil Johnny Boy, SUNW is cheap at $4 not $14! :)
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