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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Archie Meeties who wrote (44711)7/19/2001 5:46:04 PM
From: Thomas Mercer-Hursh  Read Replies (1) of 54805
 
-the faithful thorn in your side...

Which was why I was careful to state an explicit set of assumptions. If we extract the single conclusion that the stock price is unlikely to go much lower, then there are, no doubt, a number of people who would question that. This is not the question I was trying to raise.

If we don't share assumptions, there isn't much for us to talk about except why we don't share them. If we do share them or at least are willing to suspend the disagreement for the sake of pursuing another issue, then we have other issues we can explore.

Moreover, even if you were to share the assumptions stated, you might hold them in varying degrees of conviction so it would be perfectly appropriate to qualify the conclusion by the degree of your confidence.

Without an awareness of what assumptions and framework we are each speaking from, it is difficult to have a very interesting discussion and there is a terrible tendency for the exchange to become heated over the difference in conclusions when actually both sets of conclusions make perfect sense, based on their respective assumptions.
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