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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: FJB who wrote (41058)12/21/2000 10:27:23 PM
From: Morebull  Read Replies (1) | Respond to of 70976
 
$22 to $115 to $35 may be paper money but it sure doesn't feel good.

MB



To: FJB who wrote (41058)12/21/2000 10:33:01 PM
From: Ian@SI  Read Replies (3) | Respond to of 70976
 
Bob,

By the same token, the person who buys those $6 shares for $30 tomorrow will be able to sell them for more than $120 in less than 4 years, probably in less than 2 years.

So perhaps there's another option to:

A. It went to money heaven;
B. It was never there;
C. It's awaiting the next round of momentum players to step back in.

... and they will. After the value guys turn the baton over to the growth guys. So that phantom money is just in purgatory and will return to those who are patient.

Ian.



To: FJB who wrote (41058)12/21/2000 10:38:34 PM
From: Gottfried  Respond to of 70976
 
Robert, >The person who bought at $6 can sell tomorrow for $30. How can you say "the money above $6 never was"?<

If she sells tomorrow, the money appears. If she holds the stock, the only way the economy was influenced was 6 years ago when she paid someone $6. This is confusing.<g>

Gottfried