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To: Boplicity who wrote (12187)4/2/2001 11:42:34 PM
From: Boplicity  Respond to of 13572
 
Have You Recently Lost a Lot of Money in the Stock Market?
Don't fret because:
Money can buy a bed
But not Sleep

It can buy a Clock
But not Time

It can buy you a Book
But not Knowledge

It can buy you a Position
But not Respect

It can buy you Medicine
But not Health

It can buy you Blood
But not Life

It can buy you Sex
But not Love

So you see money isn't everything.
And it often causes pain and suffering.

I tell you all this because I am your Friend,
and as your Friend I want to
take away your pain and suffering...

So send me all your money and I will
suffer for you.

CASH ONLY PLEASE>>

Bebop



To: Boplicity who wrote (12187)4/2/2001 11:51:12 PM
From: slacker711  Read Replies (1) | Respond to of 13572
 
Seriously, it will be over when we see more mergers, more failures, or the prices get ridiculously low, or something new comes along that will be the driver, or we get glimmer of hope

If you are looking for a catalyst....at least short-term, I think the most likely would be a merger. Some blue-chip company steps up to the plate and buys Yahoo/Ariba/Amazon/etc. I dont know if this will happen but I think that this is the type of buy signal that could end up happening.

How brilliant is AOL right now for buying Time-Warner?

Slacker



To: Boplicity who wrote (12187)4/3/2001 9:04:53 AM
From: mishedlo  Read Replies (1) | Respond to of 13572
 
Sam, At some point smart investors will realize that some of these companies have sold down to book value. LOL Seriously, it will be over when we see more mergers, more failures, or the prices get ridiculously low, or something new comes along that will be the driver, or we get glimmer of hope. Maybe all of them will have to happen. Naz at 500 would be out and out disaster, the politician will not let it happen. We are not going back to 1992. Low 1200!
bebop


Bebop - much of this "book value" is bloated with goodwill.
Book value that I will believe is cash on hand. CRA below 18 is a buy. That book "value" on JDSU is valueless.

Why aren't we going back to 1200?
There is nothing the Fed or anyone else can do if the markets stop falling. Prohibit sales of stocks?

M



To: Boplicity who wrote (12187)4/3/2001 1:45:54 PM
From: Dave  Read Replies (1) | Respond to of 13572
 
We are not going back to 1992. Low 1200!

I wish this downturn would be a nice-sunny-walk-in-the-park downturn like the early 90's. When the Naz has dipped below 500 and then sluggishly meandered in the 500-800 range for a decade or so, when the precious metals have skyrocketed absurdly and finally begin to plateau and taper off when even they lose their luster, when almost nobody talks about the stock market anymore because nobody's managing their own money, they we can talk about a bottom. But it's not around the corner.

Dave



To: Boplicity who wrote (12187)4/3/2001 10:16:46 PM
From: Brandon  Read Replies (2) | Respond to of 13572
 
Whats going to happen will happen. The pols cant do anything about it. They can slow it down, but not stop it. When grain got below the price of production, farmers howled and some Pols tried to stop it...but eventually it went lower. When average Joe realizes he has been lied to for 10 years has lost his shirt on buy and hold it wont be a pretty picture. Look at a big picture chart. Try a yearly of the dow, or a quarterly of the Nasdaq. Its not a pretty picture. If we stay above 1000 I will be suprised.

Brandon