Re:shorting the internet stocks.
BB,
I agree in principle, but lack the intestinal fortitude to follow through with any such plan. I am a subscriber to The Greater Fool Theory. Incidentally, WS has the most dense population of them anywhere on earth.<G> Something New York should not be proud of.
I sold my MSFT when I thought it hit absurd levels. It proceeded to double the following year. Could be awhile before some of these come back to earth. Not really a question of if though, only when. Personally I like to buy "no-brainers", which is what I believe we have with many, not all, of the equipment stocks. Stocks like AMAT, KLAC, and TER which have proven themselves through these downturns are stunning buys at these levels IMO, but you already know how I feel about them.
Regards,
Brian
BTW, If you start shorting these highfliers, we're going to have to change your name to Big Ba**s<VBG> |
