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To: Mike M2 who wrote (48998)12/19/2000 10:04:44 AM
From: Wyätt Gwyön  Respond to of 436258
 
Mike, I am a longtime reader of Grant and value investor by tradition, but last year I joined clowndom on the QCOM ride. It was worth it, but now is no time for a repeat of the formula of relying on greater fools. Back to the drawing board of looking at intrinsic value. The beaten-down value names offer some compelling opportunities. OMX up 80% this morning after rising 48% yesterday. Now it's only 200% below book. LOL!
edit: actually it looks like it is up about 40% today...esignal is giving the wrong percentage up for the day.