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Technology Stocks : UCOMA UnitedGlobalCom
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To: Mad2 who wrote (296)2/16/1999 12:21:00 PM
From: steve host  Read Replies (1) of 489
 
I agree with you - inefficiencies is what creates good investments in my book. And eventually smart money will gravitate towards those investments. Thank god those investors have a lot more capital than the WuYang's of the world which should correct the disparities. As for tea leaves and Psychology etc, they play a role but it is almost impossible to base investments on IMHO -- they change in a dime, so I guess I am stuck doing my math and deciding whether it pays to take over a company based on the value of its assets alone -- if the answer is yes, and if it even has some decent growth aspects to boot. I view it as a buy and wait for the mkt to catch up.

I see this with UIHIA.

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