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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Carolyn who wrote (10663)	12/28/1999 6:25:00 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 63513

Carolyn, I agree with the new paradigm...I truly have drank the kool-aid and I think that Rande has a pretty good view of things. But....there are other things that can affect the market and the idea that IPOs are the money making machines as he/she suggests scares me. Though the perennial bears are perennially wrong, their point about not being able to eat a stock cert or build a house out of negative earnings is meaningful. Eventually, the nuts must make money. In fact, they should have a long time ago. A market priced for perfection is certain to fail. JXM