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To: AllansAlias who wrote (41614)11/28/2000 7:37:43 PM
From: y2kate  Read Replies (1) | Respond to of 436258
 
Hi Alan,
I'm not buying, not selling, just watching. TERN dropped to 52 week low, below IPO price of $13. Annualized one year growth rate is 206%. Price to book value is 1.28- probably less, as that stat doesn't take today's drop into account.
Is it crazy to buy in here, or crazy not to?

Not enough fear? I for one am terrified.

-Kate



To: AllansAlias who wrote (41614)11/28/2000 7:42:51 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
that however is how these things work...amazing how the 'it's different this time' mantra gets debunked with unwavering regularity....:)

it will be interesting to see if interest in the stock market and its gyrations will get as completely crushed as it got in Japan...can't quite imagine that though. or can you imagine the mufu industry losing 42 billion dollars in assets over the next 4 years (outflows and depreciation combined)? that's what would need to happen to further follow down Japan's path.



To: AllansAlias who wrote (41614)11/28/2000 7:54:17 PM
From: robnhood  Respond to of 436258
 
<<they are now discussing levels they
never thought possible a few months ago.>>

Today's lows are tomorrow's highs.