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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 162.37

+2.9%

11:38 AM EST

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To: Frodo Baxter who wrote (2864)	3/17/1998 7:16:00 PM
From: tom pope	Read Replies (1) of 9256

>>the paranoid concerns I have spouted<< Lawrence, if you are paranoid, so am I. It is a demonstrable fact that THEY are out to get us. Earnings estimate on the S&P show a measly 4-5% increase, and we're up 11% already before the end of the 1st quarter. Internet stocks make tulip bulbs look cheap. Obviously the old p/b, p/e, p/s standbys don't work any more. Even Buffett, who sat at the feet of the master(Graham) has capitulated. My shorts are doing okay, but my long puts are being killed. When will it end? Only when I've lost so much on my bearish stance that I put everything into SPY's and go fishing for a week. I'll let you know. BTW, I can't figure out who THEY is. The Vatican? The Freemasons? The Triads? The trouble with being paranoid is that you never know where the next enemy is coming from. But I do know that they are getting me.

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