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To: HairBall who wrote (87022)12/10/1999 2:53:00 PM
From: Lizzie Tudor  Read Replies (4) | Respond to of 164684
 
Just a general point on gut feel, not really directed at LG. I actually consider any strategist or venture capitalist in high tech to be "gut feel" investors. Thats what trend spotting is, after all. There wasn't any reason to think software would recover fundamentally prior to y2k, and yet it did, I would call that gut feel.

But gut feel falls apart in the short term and thats where some people (who shall remain nameless but post that aol is going to close at 99.124589 tomorrow) fail.