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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: GVTucker who wrote (53346)	5/23/2001 10:58:35 AM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 77400

GV, I'm not sure what you're agreeing to. Ed said "The only numbers that really count are the ones on the scoreboard. The market displays them throughout the trading day,their called the bid and ask." My point is I don't think Buffett would agree that the "only numbers that really count" are the current bid/ask. If those were the only numbers worth thinking about, why would anybody ever buy a stock thinking intrinsic value was higher than the quote, or sell a stock thinking intrinsic value was less than the market. Of course, if one thinks fundamental analysis is hogwash, then maybe the market quote is all that matters. But I don't think Buffett could be accused of thinking that.