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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Bid Buster who wrote (73975)10/18/2001 12:05:06 PM
From: Lazarus  Read Replies (1) of 122087
 
hey - chill - dont take it personal...

as for housing in California

its just another example of how price doesnt matter

i wanted to buy a house in my neighborhood when i was living in San Jose. was eyeing a fixer for 135k

well - in my mind at the time i figured the entire market was out of wack and 135k was just too much to pay. market was a bit hot at the time. you figure maybe it will cool. the next year the house was a 250k house. today its a 500k house.

go figure

my point is price is relative so dont preach FAIR VALUATION.

warren buffet insists that it is impossible to determine what FAIR VALUATION is for a tech stock - thats why he avoids them.

stay on the right side - whichever side that is

Lazarus
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