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To: re3 who wrote (100481)4/13/2000 10:04:00 PM
From: Bill Harmond  Read Replies (4) | Respond to of 164684
 
More clowns! Aren't you a big guy!

So people who own stock or run companies whose stock is down by half are clowns? What does that make you, somehow bigger wiser and stronger than an Ariba shareholder or manager? What about the short-sellers who covered at the high? What are they?

I know of two times that Cisco has been halved. AOL has been halved. So has Yahoo several times. There sure are a lot of clowns around...very rich ones.

What about 1929? Are you saying this is 1929? How so? Throwing 1929 around seems easy and very impactful. Back up your comparison. An inquiring clown wants to know.



To: re3 who wrote (100481)4/13/2000 10:14:00 PM
From: 16yearcycle  Read Replies (2) | Respond to of 164684
 
"ps i'd call any ceo a clown if i held his stock and it was down by over half..."

The ceo can exert some influence on his companies sales, earnings, roe, etc. He has very little control of the vagaries of the quoted stock price.

I held Amat from 10 to 60 to 21 and then to 150. It went to 200+. I don't think James Morgan was a clown because the stock sank in the Asian contagion, by almost 2/3. 50% sell offs are very routine.


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