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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (25537)10/6/2000 8:22:25 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
Nice market commentary from Contrary Investor yesterday. Note the NDX weekly chart about half way down...today's close on the NDX was 3311.94, so we leave the Clown-Free Zone and enter....the RED Zone (creepy Twilight Zone music here)...

contraryinvestor.com



To: patron_anejo_por_favor who wrote (25537)10/6/2000 8:33:47 PM
From: pater tenebrarum  Read Replies (5) | Respond to of 436258
 
one sentence in the NY post article struck me as remarkable:

"...it does not have wireless." Buying wireless at today's high values could be extremely dilutive to WorldCom's earnings," Ferrugia said. "

conclusion: all things wireless are way overvalued...btw, i do not believe that there's a mass market for non-PC internet access&devices...even typing in a message on a cell phone is tedious at best...i think there's a bit of wishful thinking going on. wireless note-book PC's perhaps...but all this other stuff strikes me as impractical...and even if i'm wrong, no-one's going to pay up for it...it'll be a margin-less wonder...