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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (3612)11/7/2001 9:02:15 AM
From: Steve Lee  Respond to of 99280
 
Yes, according to my opinion of the prospects for earnings growth over the next 3 years.



To: Softechie who wrote (3612)11/7/2001 9:52:11 AM
From: SOROS  Respond to of 99280
 
To say that technology companies are overvalued based on PRO FORMA numbers is like saying the drunk under the bridge is rich because he found a lottery ticket. He may be assured of being a millionaire to the delusional group of people and cats and dogs around him, but the reality of his situation has not gotten any better. If the sheep are happy to totally dismiss the TRUE CURRENT REALITY and make a ridiculous comparison of their PRESENT investment dollars to a company's FUTURE, PROJECTED, HOPEFUL, NON-BUSINESS PADDED, SOCIOPATHIC earnings, then they should all eventually get exactly what they deserve. I just don't think that's what they think it is.

I remain,

SOROS