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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Susan Saline who wrote (22944)4/6/2000 11:54:00 AM
From: DanZ  Read Replies (1) of 53068
 
GUMM.

Sue,

I know a lot about Gum Tech, and seeing the stock trade at 12 is testament to the fact that the stock market doesn't always value companies properly in the short term. While this reaffirms my belief in technical analysis for short term trading, I firmly believe that investors will do well with the stock over the long term. One can look at past charts of most any stock that investors made a lot of money in over the last few years and find periods when they were weak. I'm even more convinced now after my experience with Gum Tech that there is literally no relationship between stock prices and fundamentals.

Dan
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