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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC)

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To: ahhaha who wrote (319)8/10/1999 2:13:00 PM
From: Don Lloyd  Read Replies (1) of 587
 
ahhaha - OT -

boston.com

from Lester C. Thurow

"...In economic theory, financial markets are often portrayed as black boxes that take in fluctuations in new information and send out prices that fluctuate less than the incoming information. One of the purposes of financial markets is to smooth erratic fluctuation in new information..."

Does this so-called 'economic theory' really exist and if so, does it have any validity?

Thanks, Don

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