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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Bill Harmond who wrote (2883)11/10/2000 2:23:39 PM
From: GST  Read Replies (1) | Respond to of 57684
 
William: "Didn't you say that we'd be freezing in the dark by now?"

Right, that is precisely what I said -- I said there would be no oil at all, and then I predicted another ice age, and I distinctly recall saying that the ice age would be presaged by the complete collapse of civilization followed by the rise of a new culture based on cannabalism (and all of this would happen in a period of 48 hours) -- you got me this time William. I just can't seem to get anything past you - you are far too sharp for me.

And while I am at it, I admit I did say all those dumb things about how stock prices could collapse from triple digits down to single digits for most of the "leaders" and the sure-thing "ten-baggers" you said were going to be the "winners". Let me remember now... I think you called it the "the new economy and its winners". I can only assume that you are far better than I at understanding these things -- after all, you told us these stocks are "volatile" -- and who can argue with that after seeing many of the "winners" lose 95% of their "value"?

Now I am just waiting to see the day when your great stock picks go up 1,000% from here so some people can get there money back, and of course I still expect them to go up 10,000% as you predicted last year -- and of course I would call all of these predictions of yours "conservative estimates". Damn, you are too sharp for me William. How could I have been so dumb -- you know, thinking that the economy would slow down, that p/e multiples would collapse, that sticky oil prices would accentuate this process -- what was I thinking?



To: Bill Harmond who wrote (2883)11/10/2000 10:31:26 PM
From: Victor Lazlo  Respond to of 57684
 
At their mtg this weekend, OPEC is going to agree to not increase production.