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Politics : High Tolerance Plasticity

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To: kodiak_bull who started this subject	9/10/2001 9:06:51 AM
From: Telemarker	Read Replies (1) of 23153

Valuations, ignored at one's own risk: ntrs.com Also, from James Grant this morning: "Stock investors seemed to forget that more capital spending means more competition, not less; that more competition implies lower profit margins, not higher ones; and that lower profit margins do not point to rising stock prices. It seemed to slip their minds that high-technology companies work ceaselessly to make their own products obsolete, not just those of their competitors - that they are inherently self-destructive." iht.com Finally, does anyone else think that the market for financial issues sees something coming?? Regards, T

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