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To: uu who wrote (45124)9/9/2001 6:00:28 AM
From: QwikSand  Read Replies (1) | Respond to of 64865
 
Addi: I'm not going to write a long response to your long response. You don't believe I understand the simple points that you've repeated so many times. (Markets go up and down and the long term trend is up.) I don't believe you understand the simple points that I and many others have repeated so many times. (People stopped remembering that they go down and lost a lot of money despite constant reminders.) It's not worth repeating any of them any further on this thread.

I didn't address you, characterize you, or accuse you of anything. Do not presume to characterize me or accuse me of gloating or anything else. If you want me to characterize you at length, I'll be glad to.

--QS



To: uu who wrote (45124)9/9/2001 4:42:26 PM
From: sea_biscuit  Respond to of 64865
 
a few years from now (perhaps less than 4 years) you would look back and ask yourself, why I did not buy when these stocks were selling at such low valuations.

Yeah, right. You have been singing this tune even during the height of the mania. Why, on April 15, last year, you said that LSI was undervalued. It was at 50 3/4 then. Where is it now? 17.79! A neat 60% haircut for an undervalued stock!

Have you ever really bothered to check if you outperformed a non-interest-bearing checking account over the last 5 years? Huh?! I suggest you really go through that exercise. It may be painful but it will be illuminating.

Btw, John Chambers himself has stated that he expects half of the Nasdaq 100 will vanish in the next 5 years. How do you think that will happen? The remaining half will buy them out at higher and higher prices?!

Consider yourself lucky if the Nasdaq ever decisively breaks 2500 during the rest of the decade 2000-09. If you are not lucky.... OK, let's not go there!