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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Robert McHale who wrote (35255)12/15/1999 10:30:00 PM
From: Berney  Respond to of 99985
 
Robert, Excellent Point and I've Been There and Done That!

Unfortunately, the FA side of me will just not go away. It's an occupational hazard. <g> When I look at some of these net stocks and see 50 cents in current assets for every dollar in current liabilities, I see dilution. MCD may be able to get away with this kind of current ratio but the music will call this game, eventually, for the little puppies.

That said, how many dot.com investors even know what a current ratio is? Or Dilution? Or even care?

Your point is well-made and noted. The Market will obliterate you if you have preconceived beliefs or talk to charts! The jungle awards a bounty of the foolish unaware. As in nature, one must adapt or perish. I'm trying.

Berney