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To: pater tenebrarum who wrote (54655)1/5/2001 2:58:22 PM
From: Tom M  Read Replies (1) | Respond to of 436258
 
Thanks Heinz, re:LU seems they want viewers to think $14 1/2 is 1/2 book when 1/2 book is $3.50 - quite a difference in reality!

I took a small position on the rate lowering announcement & got out of 1/2 this AM. What concerns me is how many shares the funds hold on these kind of stocks. If they're down this low now before redemptions really start... I guess I just don't believe there's that much money on the sidelines anymore. I don't know anyone from novice to pro that hasn't been caught in multiple lies from the last few years. I think the market looks like it's taken too much money away over the years of Greenspan's flip flops to leave any confidence that there's a free market to properly price.

regards,
Tom