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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (38437)	1/28/2000 7:05:00 PM
From: SOROS	Read Replies (1) \| Respond to of 99985

Your comment about estimates for wireless -- reminds me of the Gartner Group estimating B2B future at something like 7+ trillion! Looks great until I recall it was the Gartner Group that first jumped on the Y2K train and said 600 billion to over 1 trillion would have to be spent to correct this problem. It was Kevin Schick (sp?) from the Gartner Group who called the Matridigm (aka Zitel) technology "the hottest technology I have ever seen." The stock market is simply a big Beanie Baby shop auctioning to the highest bidder. No rhyme or reason sometimes -- just popularity. And the small customers are bidding with borrowed money. It is so irritating to see the shop owners keep inventing the next hot sector when they have bled the latest one for all it's worth -- Y2K, B2C, B2B, fuel cells, various software sectors, Internet Service providers, on and on and on. I just wish CNBC would call me an analyst and put me on to hype a tiny stock just one time and say how undervalued it is with a PE of 25 when there is another stock in its sector with one of 2000. I could retire and be totally oblivious to this casino called the stock market forever. Tell me it wouldn't be nice to be able to truly answer the question of "What did the Market do today?" with "Beats me." remain, SOROS