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Politics : Formerly About Applied Materials
AMAT 329.54-0.3%3:12 PM EST

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To: 16yearcycle who wrote (32144)8/19/1999 9:47:00 PM
From: Ian@SI  Read Replies (2) of 70976
 
Gene,

The problem with a panic is that the participants forget what got them started in the first place.

Sort of like the story of the broker who died, went to the pearly gates where St Peter told him, "Sorry, we're all full up. I don't have room for a single soul more." The broker convinces St Peter to let him in if he can convince just one occupant of Heaven to go to Hell.

Well he calls to one of his former buddies and whisper to him that Satan is selling companies with enormous growth rates for minuscule P/Es. Sure enough, the broker starts out the gate proclaiming the bargains to be had in Hades. Soon, he's got every broker in Heaven following him straight to Hell.

St Peter calls to the newcomer saying that he's now got room to let him into Heaven, only to hear the response, "Sorry, I'm looking for bargains with them."
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