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To: fedhead who wrote (87758)	12/16/1999 9:34:00 PM
From: KeepItSimple	Respond to of 164684

>I have learnt that the market is usually right about relative valuation. > (INTC vs AMD, ORCL vs IFMX, CSCO vs COMS) Todays market is UTTERLY AND COMPLETELY under the control of mob mentality and momentum psychology. The company with the most creative accounting and the highest penchant for mania-inducing press releases is the one that garners the higher market value. At some point, this will end. Until then- why even make a feebile pretense at "value" for these stocks? Why not just admit that the public is playing a giant game of chicken, using four letter symbols as placeholders for their bets against each other? The guys at www.stockgeneration.com have one up on the current analyst community. They dont even pretend their virtual companies are real- they tell the gamblers up front that they dont exist. And still, that site takes in over 45 million dollars per month, because the appetite for reckless speculation has infused every facet of modern society. But since we buy shares of LNUX instead of going to the dog tracks, we convince ourselves that what we are doing is different.