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Technology Stocks : Winstar Comm. (WCII)

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To: gruetz who wrote (12158)9/26/2000 9:38:27 PM
From: Bernard Levy  Read Replies (1) of 12468
 
Last week Faber was also ragging on Bernie
Ebbers and WCOM. It took another guest (James
Stewart?) to point out that telecoms such as
VZ and WCOM were incredibly cheap on a historical
basis.

An incident that illustrated perfectly the
high intellectual caliber of Faber occurred
a few weeks ago, when Joe Kernen asked him
how many billions there were in a trillion.
Faber was incapable of answering (if I recall,
his guess was 10).
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