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To: bobby beara who wrote (2378)10/8/1999 2:37:00 AM
From: Dan B.  Read Replies (2) | Respond to of 15615
 
Bobby, Re: "Don't give me any random walk or fundamental hooey, this is not the lottery, and fundamentalist would have been
short yahoo since 1997."

What if I said that part of fundamental analysis boils down to, say, calling a paradigm correctly? One can believe in the future of a business proposition because of its fundamental nature, i.e. what it sells and the reasons one feels there will be buyers for the product in the future- such as your personal like or dislike of product and your estimate of other consumers future desire for same. Then, perhaps you believe management is honest and hard working from observation. You decide to buy. A fundamentalist could well have held Yahoo forever, IMHO. Fundamentals are more than just numbers, IMHO, much more.

Dan B