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To: Henry Niman who wrote (57166)8/18/1999 8:42:00 PM
From: pater tenebrarum  Respond to of 86076
 
he he, what else is new? i repeat: she never saw a mania she didn't like. actually i admire her unbridled optimism, it makes her so much more likeable than us naysayers.



To: Henry Niman who wrote (57166)8/18/1999 8:49:00 PM
From: pater tenebrarum  Respond to of 86076
 
btw, she always sees "10% upside" and we seem to get 20% or more on a regular basis...one more thing: i found the thingy about investors expectations 'not being excessive' a real kneeslapper. a recent survey among investors who are in the market for 5 years or less has shown that they expect 23% annually FOR THE NEXT DECADE ON AVERAGE.
so i would say expectations have probably never before been as excessive as they are right now.