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To: MileHigh who wrote (58766)1/1/2000 7:26:00 PM
From: gdichaz  Read Replies (3) | Respond to of 152472
 
MileHigh: You are absolutely right that the choice of James Grant is a set up. Horrible in its transparency. And typical of the "media".

But. Dr J is going to do good. If Sam permits him to speak.

Having just read Voltaire's post citing George Gilder, let's have faith.

Chaz

And by the end of the show we will have learned, even if others have not.

Whenever Dr J is permitted to speak, we are fortunate - even in a kangaroo court as this will be.



To: MileHigh who wrote (58766)1/2/2000 1:01:00 AM
From: Jon Koplik  Read Replies (3) | Respond to of 152472
 
Just wanted to defend Jim Grant a little ... he does not always say "sell everything."

A NYT article last week (on "bears" who have missed the whole "move" lately) pointed out that his "Grant's Interest Rate Observer" newsletter carefully explained the compelling case for buying CMGI a while back when it was at a split adjusted price of $12 (currently around $270).

(That would certainly have helped un-do following some of his other ideas !)

Also, during an interview on CNBC quite a few months ago, after saying how idiotic he thought both the business and the stock price of Priceline were -- he said : if you feel compelled to participate in Internet plays on the travel business, buy Sabre (or whatever the stock vehicle for it is), AND sell short Priceline.

I know people like to "pick" on him, but I think his wrong market calls at least have a great deal of thought and analysis behind them. (I know that does not help one's wealth any ...)

Jon (former subscriber to Grant's Interest Rate Observer).