Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.730

+10.2%

3:57 PM EST

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To: DanZ who wrote (2064)	7/13/1999 4:47:00 PM
From: BelowTheCrowd	Read Replies (1) of 10293

> The market will speak the truth. Nope, the market will speak whatever the collective buyers and sellers are able to come up with, which is often not the truth and not reflective of the truth. If it were otherwise, we would not be watching companies with no earnings and no chance of ever having significant earnings trading at billion-dollar valuations. The truth develops in the long term. And along the way there are a lot of opportunities for the market to be wrong or to change directions. mg

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