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Strategies & Market Trends : Gorilla and King Portfolio candidates - Moderated

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To: Paul H. Christiansen who wrote (678)2/1/2004 9:58:27 AM
From: Jim Mullens  Read Replies (1) of 2955
 
pchristi, Re: AWE buyout and your question "Are the institutions that are buying AWE just hoping that a greater fool will overpay for AWE's assets, or are they really that stupid?Are the institutions that are buying AWE just hoping that a greater fool will overpay for AWE's assets, or are they really that stupid?"

IMO, yes. From my observation over the years, listening to their talking heads on CNBS/ media in general, they haven't a clue on 3G CDMA wireless. Or, perhaps they're not clueless and are just attempting to move the market to favor their trading position. Or, perhaps the ones with a clue don't share their insight with the media.

jmho- jim
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