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To: X Y Zebra who wrote (12601)9/8/2001 1:23:38 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
Thanks Zebra.

Just finished reading the fat weekend paper and I wanted to leave you folks with a quote that, for me, sums up the utter denial at work in the market. From a National Post article on Nortel:

One investor buying Nortel is Duncan Stewart, a partner at Tera Capital Corp., which manages several Canadian technology funds. "I own 10 times as much Nortel today as I did a year ago," he said. "At the current cost structure, at some point over the next five years it is not going to be just a little profitable but quite a bit profitable."

Where does one even start with this sort of thinking? Sigh... Stay sold.