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Politics : Formerly About Applied Materials
AMAT 322.31-5.6%Jan 30 3:59 PM EST
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To: uu who wrote (23082)8/19/1998 5:56:00 PM
From: Gary Burton  Read Replies (1) of 70976
 
My 2c is that Fleckenstein (like Herb Hickey) is RIGHT on the fundamentals but so far WRONG on the public's perception of same. Many of his arguments make sense to those few of us who are still thinking that the market should act rationally. Unfortunately in the stock market nobody cares whether you should be right just that you are right, even for wrong reasons. Such is the characteristic of a top. Complacency reigns supreme etc etc. Abbey JC--your turn will come too (g)
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