Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : WM - WASHINGTON MUTUAL -- Ignore unavailable to you. Want to Upgrade?

To: WalleyB who wrote (11)	12/14/1999 6:55:00 AM
From: opalapril	Read Replies (1) \| Respond to of 26

Agreed. Probably a Yahooligan, lying. Alternatively, it might be that WM management has decided to throw all the expenses they can into this quarter on the theory that given the current Street mania, higher net earnings wouldn't be appreciated, anyway. This seems to be a market for select industry categories without regard for company fundamentals. Quarterly earnings expectations or no, WM is a company that now holds a dominant lending position in the West, is spreading East, has good and aggressive management, treats its shareholders fairly, and has an excellent track record. It should do very well when the market eventually comes to its senses. Maybe January? Stream-of-consciousness related: Yesterday, I caught a snippet of some major fund (Magellan?) mid-manager on CNBC whining from the exchange floor about the advance-decline ratio trend and how much he wants value stocks to be properly appreciated by the market. Now, I don't disagree with his observations but just who does he think generates most of the buying interest? Mother Nature? Santa Claus? God? What a crock. It was as if he were shouting, "Stop me before I buy another money-losing Internut."