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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: ratan lal who wrote (36994)12/24/2000 9:13:45 AM
From: daffydog  Read Replies (1) of 54805
 
ratan, the differences are less than the similarities, from a valuation or an investment standpoint. Nothing has any intrinsic value. Gold, oil, diamonds, stocks, real estate, whatever, are only worth what somebody else is willing to pay for them at a given moment in time. The valuation of houses in your neighborhood can swing just as wildly as the price of NTAP -- just wait for the upcoming recession, continued pessimism amongst the affluent for major purchases, Greenspan's failure to act soon enough or forcefully enough with lowered interest rates, and one homeowner dying in a house where his relatives, itching to cash out, put the house on the market for thirty percent less than what a comparable house sold for last month.

MGG
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