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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: pater tenebrarum who wrote (63760)9/23/1999 11:28:00 AM
From: bill meehan  Read Replies (3) of 86076
 
Heinz, Joe seems to be convinced that there are a huge number of bearish analysts, yet the media is flooded with BS (bullish sh*t) and 98% of all of the analysts that appear on CNBC are recommending the same mega-cap tech stocks, which are still "reasonably valued". I can't believe how many "pros" simply advise to buy whatever is going up. Belief in the "new economy" is virtually universal and almost every breathing entity (human and swine) on Wall Street sees the Internet as changing everything, including the basic tenets of economics. Do you recall what people were saying about TV in the late '40s and early '50s, and it simply evolved into the vast wasteland?
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