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

To: AllansAlias who wrote (52133)	12/29/2000 9:22:36 AM
From: Perspective	Read Replies (1) \| Respond to of 436258

Sorry I haven't been around for all the fun. I still can't believe some of the games - check AMCC or BRCD for instance. Do people really think those aren't going to get it? LOL! And all the talk of "value" in Dow stocks selling for 20 times earnings - ROFLMAO! I think we all saw this coming. I knew the Clowns would see the tech sector lose half its cap and assume that they represent value, forgetting that they quadrupled beyond typical valuations in the first place. And I knew the comparisons to peak valuations would start. The laughable thing is that, even after the Naz decline, the valuations are still higher than any prior bull market peak, and are nowhere near bear market bottoms. Of course, it's little market inefficiencies like this that make it possible for you and me to make money, so I guess I can't complain. If everyone knew what was going on, we'd lose that edge. However, the economy would be in much better shape... BC