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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: SOROS who wrote (48719)	11/8/2001 9:55:46 PM
From: Seeker of Truth	Read Replies (1) of 54805

I;m sorry to say that I agree with you. I like INTC,SEBL for example as companies but I can't see buying at anywhere near these prices. Well as Thomas said some while back, valuationists wind up not buying anything. Indeed the shorts are panicking but since we don't know who they are and how many they are and to what degree will they panic etc. we eschew such exercises in mass psychology. We're out on a limb. When IBM was in its heyday I used to buy it at 40 times earnings. But I can't buy INTC or SEBL at anywhere near that. ???

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