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To: NotNeiderhoffer who wrote (955)12/22/1999 11:20:00 AM
From: Trader Dave  Read Replies (2) | Respond to of 1331
 
amsuremomo'swilljamthisthingnextweekTD

But then what do we do? In a rising rate environment what is a good quality 25% growth company worth? 50 pe? 75 pe? 100 pe?

Is valuation completely irrelevant? How long can valuation be completely meaningless?

notcondemningrealcompanieslikecmvtbutlosingsleepoverthisfrenziedmarketTD

Wish for the new year:

I wish that the super duper performing funds had to disclose the portion of their returns derived from hot issues.

That's because we don't get any hot issue allocations and I'm jealous. Heck, I don't think I'll get any hot issue stock on our private companies about to come public!

TD