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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?

To: HW Bowman who wrote (12792)	7/26/2001 10:45:49 AM
From: RobertSheldon	Read Replies (1) \| Respond to of 15615

Efficient market theory? You have to be kidding. Anyone that believes in efficient market theory is fooling themselves. We consistantly exploit market inefficiencies to the profit of our clients. Year to date we are up more than 20% in our "Special Situations Portfolios". Efficient Market Theory is for the weak and lazy. I've often thought that I should endow Universities with programs to further the study of this farce. With more b-schools focusing on it (and CAPM for that matter - don't forget I taught stats. for a time) I will have better chances to exploit the street.