Alan Greenspan MUST GO: Message Board

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Pastimes : Alan Greenspan MUST GO:

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To: wdlngduc who wrote (265)	2/15/2001 3:34:05 PM
From: BWAC	Read Replies (1) of 494

<over-analyzing> Well that is what old accountants tend to do. Overanalyze. Such is life. Apparently more people believed in the puke that CNBS was spouting about .75% than I expected. As usual I always underestimate peoples understanding and what they can be led to believe. The moon really is made of cheese you know. And just who is 61% bullish? I see an endless parade of doom predictors. Never said anything about bottom. They don't really exist do they? What does exist is people willing to sell, willing to sell in some cases at 2x cash flow, or under book value (Yes including goodwill), or at 3x earnings after subtracting tangible assets. And if they are selling at that, then yes I am bullish. At least for my purchases and my price points in the long term. A bunch of hyped talked about stocks does not a market make. I'd be and am bearish on those. But somebody else can go short them and stand in the way. Not for me.

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