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Pastimes : Home on the range where the buffalo roam

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To: LLCF who wrote (11071)3/1/2001 10:40:46 PM
From: Walkingshadow  Read Replies (1) of 13572
 
<< watching CNBC...and saw a segment that the Nascrap bubble has burst >>

Gosh, when did that happen? Thank God we have CNBC to keep us all.........uh....... informed?

$COMPX 500 not possible. Most stocks--excellent companies with good financials, even---would be trading for half book or less, and investors would just buy the companies, sell them for scrap and double their money instantly. Ain't gonna happen. Market just doesn't give away companies and opportunities like that for free. Big time buyers will step in sooner.

JMVHO......

WS
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