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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (4227)11/19/2001 11:16:00 PM
From: isopatch  Respond to of 36161
 
Exactly. That's what happens when emotion

takes over. You see it with individual investors with fear, greed , etc.

Corporate execs are vulnerable to these emotions, PLUS the competitive ego rearing its ugly head if a bidding war breaks out.

The Mobil, Connoco, Du Pont example I offered is one I'll never forget. It was a very dramatic example of supposedly intelligent adults letting emotion and ego dominate their behavior vs their better judgement.

Isopatch