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To: per strandberg who wrote (82999)1/10/2000 5:52:00 PM
From: Zach E.  Read Replies (2) | Respond to of 86076
 
83000 grub

Yes, the day traders are constantly running discounted cash flow models to make sure the indices trade within a tight range of fair value, as seen by the behavior of the NASDAQ over the past few days <s>.

Zach



To: per strandberg who wrote (82999)1/10/2000 6:21:00 PM
From: IceShark  Read Replies (2) | Respond to of 86076
 
I wish you clowns would quit responding to that donkey and exponentially increasing the posts to the thread.



To: per strandberg who wrote (82999)1/10/2000 8:16:00 PM
From: BGR  Respond to of 86076
 
Value is a perception, Per, and is never real.

In a actively traded, liquid market, the aggregate trading price is a reasonably good estimate for value.