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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: SeaViewer who wrote (73164)	11/2/1999 11:49:00 AM
From: Defrocked	Read Replies (2) \| Respond to of 86076

The stock market is not a zero sum game. When discounted "forward earnings" valuations disappear, as in the Far East, they are destroyed. Poof. Kerplat. Gone to money heaven. No one benefits. No quid pro quo. And stocks are being treated as if they're "money" as in "takeover currency" or "better than CD's" or "in lieu of wages". Money illusion of a strange and different sort IMHO. Be wise with your money when everyone chases dreams. Diversify. Be cautious. Value liquidity. BWDIK, I'm just a conservative investor.