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Politics : High Tolerance Plasticity

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To: kodiak_bull who wrote (1712)	3/15/2001 9:05:23 PM
From: ItsAllCyclical	Read Replies (2) of 23153

Great solution for dealing with company guidance in a bear market... In regards to Oracle found this on the street.com. Love this quote: ------------------------------------------------------------------------------------------------ But market watchers, and Oracle itself, cautioned that the guidance was likely shaky at best, because of the uncertain economy. "They're throwing darts," said Mark Verbeck, an analyst with Epoch Partners in San Francisco. "It all depends on the economy. I mean, how many times did they say that on the call? You could invent a new drinking game: Every time Oracle says it's the economy, you drink your beer." ------------------------------------------------------------------------------------------------ Kind of funny. But kind of telling. That's just with the visibility of the US economy. The world picture is still cloudy and won't clear for at least 3-6 months. Only after the visibility clears will people start looking ahead. Till then they'll be focusing on how bad it can get. A good quote I read recently said "In bull markets people tend to look too far ahead and in bear markets it's just the reverse." How bad can it get? We simply don't know. Drink up.

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